08:32 | 03/05/2018 Energy
National Assembly Chairwoman Nguyen Thi Kim Ngan attended a ceremony in the southernmost province of Ca Mau on May 2 to inaugurate the Ca Mau Gas Processing Plant (GPP Ca Mau) invested by the PetroVietnam Gas Corporation (PVGas).
|NA Chairwoman Nguyen Thi Kim Ngan (3rd from right) at the inauguration ceremony - Photo: VNA|
Built within two years at a cost of more than VND10 trillion (US$450 million), the plant has a daily capacity of 6.2 million cu.m of gas and is able to hold 8,000 tonnes of liquefied petroleum gas and 3,000 cu.m of condensate.
Once operational, it will supply around 600 tonnes of liquefied petroleum gas and 35 tonnes of condensate to the market per day, meeting 10 percent of domestic demand.
Speaking at the event, the top legislator noted that the Party and State give priority to oil and gas sector, including gas industry, with a number of incentives.
She lauded PetroVietnam and PVGas for making Vietnam one of the countries that is able to turn gas into electricity and fertilizer.
The leader said the inauguration of the plant is meant to realise the Vietnam National Energy Development Strategy approved by the government, contributing to economic development in the southwest and Ca Mau province in particular.
Chairman of the PetroVietnam Members’ Council Tran Sy Thanh said the plant is the final part of the gas – electricity – fertilizer project chain in Ca Mau, adding that the successful project will contribute to PetroVietnam’s sustainable development.