At an international seminar on using CNG that opened in Ho Chi MinhCity on March 29, Deputy Minister of Industry and Trade Nguyen ThanhBien also said that use of CNG in industrial production and to fuelvehicles, especially public vehicles, in Vietnam would bring economicefficiency and reduce environmental pollution.
Using CNG will cost less than half of using petroleum, he affirmed.
At present, two CNG-fuelled buses have been operating in Ho Chi MinhCity since 2009, at 53.5 percent the cost of petroleum. The city plansto put about 50 more buses of this kind into operation in April andbring the total number of CNG-fuel buses to 800 by the end of this year.
According to the Southern LPG Joint Stock Company (PV Gas South), oneof the country’s two CNG suppliers, Vietnam is a strong potentialmarket for using CNG.
PV Gas South provides CNG to 14 customers to produce steel, tiles,various construction materials, glass and food at industrial parks inthe southern provinces of Ba Ria-Vung Tau, Dong Nai, Binh Duong and HoChi Minh City at an estimated volume of 60 million cu.m in 2010, whichis expected to hit 250 million cu.m in 2015.
The seminar drew investors and CNG manufacturers and suppliers fromJapan, the Republic of Korea, China,Thailand, Germany, Singapore, Australia, Austria and Canada.
It will run until Mar. 31./.