ExxonMobil will invest in the gas exploitation project at Ca Voi Xanh (Blue Whale) field (Photo: VNA)

Hanoi (VNA) – Vice Chairman of the National Assembly Phung Quoc Hien held a reception for Paul Greenwood, Vice President of Africa and Asia Pacific Business Development at ExxonMobil Gas and Power Marketing in Hanoi on November 9.

Lauding Greenwood’s visit to Vietnam to attend the APEC 2017 Economic Leaders’ Week, Hien appraised ExxonMobil’s participation in the gas exploitation and investment project at Ca Voi Xanh (Blue Whale) field.

The project will help Vietnam ensure national energy security and lay a foundation to construct and operate its gas power plants in the central region, he said, noting that the Vietnamese National Assembly will create favourable conditions to ensure sound implementation of the project in line with Vietnamese and international regulations.

For his part, Greenwood stressed that the Ca Voi Xanh project is important to the corporation in bolstering its cooperation with Vietnamese Government in exploiting and producing oil and gas products.

ExxonMobile expects to receive support from the Vietnamese Government and National Assembly so that the cooperative project can be successful to bring benefits to both sides.

Ca Voi Xanh field is about 100 kilometres east of the central coast. The Prime Minister approved the construction of four gas-fired power plants in the central provinces of Quang Nam and Quang Ngai with total capacity of 3,000 MW using gas from the field. The PM also agreed to use part of the gas taken from the field to develop oil refinery industry.

Over the past 135 years, ExxonMobil has evolved from a regional marketer of kerosene in the US to the largest publicly traded petroleum and petrochemical enterprise in the world. It operates in most of the world’s countries and is best known by familiar brand names: Exxon, Esso and Mobil. It makes products that drive modern transportation, power cities, lubricate industry and provide petrochemical building blocks that lead to thousands of consumer goods.-VNA