Agreement on the roadmap for implementing Bao Vang gas field

The working meeting of PVN, Gazprom International and Quang Tri PPC

Speaking at the meeting, Mr. Nguyen Vu Truong Son said, development of gas processing plant and power plant using gas from Bao Vang field will contribute significantly to socio-economic development of Quang Tri province and the provinces in central region of Vietnam.

And Quang Tri PPC Chairman Nguyen Duc Chinh said, recent time the province discussed with Ministry of Industry and Trade and reported to Prime Minister Nguyen Xuan Phuc on the issues related to Bao Vang gas project. The Prime Minister greatly supported harrying up deployment of  this important project. Besides, Quang Tri PPC has also signed a MOU with Gazprom International and committed to closely co-ordinate and create the most favorable conditions for the partners to implement the project.

PVN, Quang Tri PPC and Gazprom International have agreed to sign a MOU on the results of the meeting with a roadmap and assigning concrete responsibilities of the related parties for implementing the next speps of the project.

According to information from the Vietnam Energy Magazine, Bao Vang gas field has discovered by the Joint Venture Operation Company “Vietgazprom” from October of 2010. The products of the field include natural gas with  104.5 thousand cube meters per day and condensate with 7.32 cube meters per day, and no CO2 and H2S.  

VietnamEnergy.vn