The Petrovietnam LPG Joint Stock Company (PV GAS LPG)’s southern branch, an affiliate of the PetroVietnam Gas Joint Stock Corporation (PV GAS), has officially put into use a liquefied petroleum gas (LPG) extraction and filling station in the central province of Khanh Hoa.
PV GAS Trading, an affiliate of the PetroVietnam Gas Joint Stock Corporation (PV GAS), recently provided the first batch of propane for the southern petrochemical complex of the Long Son PetroChemicals Co. Ltd (LSP).
The Vietnam Oil and Gas Group (Petrovietnam) is taking measures to create favourable conditions for production and trading of gas products in the remaining months of 2022, given negative impacts of the world energy crisis on the consumption demand for liquefied petroleum gas (LPG), and liquefied natural gas (LNG).
Indonesia’s oil and gas group Pertamina is considering the adjustment of its strategy to carry out several projects to ease reliance on imported liquefied petroleum gas by 2027.
A 1.35 billion USD underground storage facility for liquefied petroleum gas (LPG), the largest of its kind in Southeast Asia with a huge storage capacity of 240,000 tonnes, is expected to soon become operational in the Mekong Delta province of Ba Ria - Vung Tau.
After 10 years, Dung Quat Oil Refinery Plant operated by Binh Son Refining and Petrochemical (BSR) processed nearly 79 million tonnes of crude oil and sold 64 million tonnes of products.
The Foreign Investment Agency reported that total newly-registered and adjusted capital, and shares purchased by foreign investors reached 29.11 billion USD in the first ten months of this year.
The Energy Ministry of Thailand is planning to use 1.5 billion baht (about 49 million USD) from the state Oil Fund to support local oil prices, expected to rise one baht per litre in the short term after drones struck Saudi Arabia’s oil facilities on September 14.
Vietnam is forecast to have to import about 56 million tonnes of coal by 2025 and 87 million tonnes by 2030. Other energy sources such as LPG (liquefied petroleum gas) will also be imported.
The Ministry of Transport (MoT) plans to tighten control of emissions of vehicles in circulation as well as used vehicles imported to curb air pollution.
The growth of liquefied petroleum gas (LPG) consumption is forecast to slow down as LPG prices have tended to increase in 2018, according to the Vietnam Gas Association (VGA).
Vietnam saw strong growth in its industrial production index (IIP) in the first seven months of 2018 thanks to the expansion of many major economic sectors, especially processing and manufacturing, which recorded the highest expansion in the recent seven years.
Thai Energy Minister Siri Jirapongphan has said his government will keep the diesel price at no higher than 30 THB per liter in a bid to keep transportation costs low.
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).
The country’s industrial production index (IPI) in the first two months of 2018 expanded by 15.2 percent year-on-year, much higher than the growth of 2.4 percent recorded in the same period last year, reported the General Statistics Office (GSO).
National Assembly Chairwoman Nguyen Thi Kim Ngan met with leaders from Western Australia to seek cooperation opportunities in various fields of mutual interests such as mining, renewable energy, liquefied petroleum gas, education-training, tourism, seaport and agriculture.
Cities consume 70 percent of Vietnam’s total energy and discharge 70 percent of the country’s total carbon dioxide emissions, a policy dialogue announced in Hanoi on July 19.
A gas processing plant in U Minh district of the southernmost province of Ca Mau, designed with a capacity of 6.2 million cubic metres per day, will finish trial operations and begin commercial production in June 2017.
Honeywell UOP has announced that it will cooperate with PetroVietnam Gas Joint Stock Corporation (PV Gas) to build a modular gas processing plant with daily capacity of 7 million cu.m.