All the production plants in the Ca Mau Gas-Power-Fertiliser Complex, with investment from the PetroVietnam Camau Fertiliser Joint Stock Company (PVCFC), operated safely at full capacity over the first four months of 2023. The plant hit its targets on production, consumption and budget payment set by the PetroVietnam GAS Corporation JSC and the Petrovietnam Power Corporation (PV Power).
Authorities of the southernmost province of Ca Mau have suggested adding two power-gas projects into the national master plan on power development for the 2021 – 2030 period with orientations to 2050.
The Vietnam Oil and Gas Group (PetroVietnam) and Malaysia’s Petroliam Nasional Berhad (Petronas) have signed a Head of Agreement (HOA) for the sale and purchase of additional gas to Ca Mau area.
More than 2 trillion VND (86.2 million USD), or 40-50 percent of the budget of the southernmost province of Ca Mau, is contributed by the Ca Mau Gas-Power-Fertiliser Complex each year, a recent meeting heard.
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