Tripartite cooperation on liquefied gas distribution system

09:00 | 10/10/2020 Companies

(VEN) - The PetroVietnam Gas Joint Stock Corporation (PV Gas), the PetroVietnam LPG Joint Stock Company (PV Gas LPG Vietnam), and the Japan Cooperation Center Petroleum (JCCP) signed a cooperation agreement on September 29 to develop a liquefied petroleum gas (LPG) distribution management system. The signing ceremony was held online.

tripartite cooperation on liquefied gas distribution system
PV Gas and PV Gas LPG Vietnam representatives at the signing ceremony

The system will monitor the amount of gas used and levels remaining in storage tanks, and then send messages to the LGP distribution center to coordinate refills for customers. A similar system is widely applied in Japan, helping reduce operating costs and improve quality control. Customer care is expected to be more attentive and the number of employees will drop.

tripartite cooperation on liquefied gas distribution system
PV Gas and PV Gas LPG Vietnam representatives sign cooperation agreement

The system will promote the development of the LPG retail market in Vietnam, which remains heavily dependent on manual labor for delivery and quality control.

To implement the PV Gas strategy on developing the LPG retail market in order to expand its retail network and distribution channels, PV Gas and PV Gas LPG Vietnam have been conducting a study since 2017 with JCCP and the Hagio Company on the applicability of the LPG gas amount monitoring system mounted on LPG cylinders.

On January 16, 2019, PV Gas and JCCP signed a cooperation agreement on modernization of Vietnam’s LPG industry. After nearly two years of cooperation, research and development, three customers in the HORECA (short for Hotels, Restaurants/Cafes) chain were tested, with the initial results being encouraging.

To promote the research results and overcome shortcomings, PV Gas, PV Gas LPG Vietnam and JCCP signed a cooperation agreement to continue implementing the LPG distribution management system.

tripartite cooperation on liquefied gas distribution system
Parties present signed agreement

At the signing ceremony, Hagio Company Chairman Hironori Hagio and Project Director Yukio Yokoi gave a preliminary presentation on the LPG distribution management system. They reported that by the end of 2020, 50 pilot systems will be installed, operated and evaluated, including 10 for HORECA customers, 30 for apartment buildings and 10 for individual customers. JCCP will bear all the costs of equipment and installation for the testing, while PV Gas LPG Vietnam will select customers and arrange human resources to support the testing.

PV Gas Deputy General Director Nguyen Thanh Binh said that with JCCP and Hagio’s experience and capacity, the project would contribute to modernizing Vietnam’s LPG industry. PV Gas will work closely with JCCP and direct PV Gas LPG Vietnam to implement commitments in order to complete the project as soon as possible, Binh said.

PV Gas LPG Vietnam Deputy Director Nguyen Hai Long also made a speech at the ceremony, showing the company’s determination to fulfill the assigned tasks. JCCP Senior Executive Director Eiji Hiraoka expressed his respect to the project team, who have worked well to reach an agreement.

Ngan Vu