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PetroVietnam joins hands with US’s GE in gas-fired power plants

Oil and gas giant PetroVietnam and the US General Electric International (GE) Group will cooperate in developing two gas-fired power plants.
PetroVietnam joins hands with US’s GE in gas-fired power plants ảnh 1Representatives of PetroVietnam and GE at the signing ceremony (Source: VNA)
Hanoi(VNA) - Oil and gas giant PetroVietnam and the US General Electric International (GE) Group will cooperate indeveloping two gas-fired power plants, No.1 and 2 in the central province ofQuang Nam, using gas from the Ca Voi Xanh (Blue Whale) gasfield.

A memorandum of understanding on the cooperation was inked in the framework ofPrime Minister Nguyen Xuan Phuc’s visit to the US, PetroVietnam said.

The two plants will have a combined capacity of 1,500 MW, and will consumeabout 830 million cu.m of gas from the Ca Voi Xanh gas field.

Under the MoU, GE will support PetroVietnam in finding the best technologicalsolutions to ensure effective use of input fuel and meet emission-related regulations.

The plants will be constructed at Chu Lai economic zone in Nui Thanh district.They are among four gas-fired power plants in the central gas-power centre approvedby the Prime Minister in August last year.

As scheduled, the plants will be put into operation in 2023 and 2024,significantly contributing to the State budget and ensuring national energysecurity.

The Ca Voi Xanh field, operated by Exxon Mobil of the US, was discovered and putinto commercial exploitation in May 2015.  It is the biggest gas project in Vietnam now, withreserves of 150 billion cu.m.-VNA

 

VNA
#PetroVietnam #US General Electric International (GE) Group #gas-fired power plants #Quang Nam #Nguyen Xuan Phuc #visit to the US #Ca Voi Xanh gas field #national energy security #Vietnam #Vietnamplus United States Vietnam
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