Vinacomin plans to explore Red River coal basin with UCG technology
10:54 | 11/05/2015
- The Prime Minister has urged the Vinacomin to carry out exploration at the Red River coal basin with underground coal gasification technology (UCG).
The exploration will be done on an area of 5.29 sq kilometers for a period of 48 months. The expected reserves are 236 million tons.
Vinacomin has signed an agreement with the Thai Binh provincial People’s Committee on investment in the coal exploration and UCG experiment in Nam Thinh Commune of Tien Hai District. Total investment capital is about VND450 billion which will be disbursed from 2015 to 2018.
Vinacomin has officially requested the Ministry of Natural Resources and the Environment to grant the license for mineral exploration in the area.
Source:Vinacomin
