Deputy PM meets ExxonMobil Vice President

Oct 11th at 11:09
11-10-2017 11:09:45+07:00

Deputy PM meets ExxonMobil Vice President

Deputy Prime Minister Trinh Dinh Dung has asked the Ministry of Industry and Trade, the National Oil and Gas Group, and the US’s ExxonMobil to speed up negotiations on the development and exploitation of the Ca Voi Xanh (Blue Whale) gas field.

At a meeting with Paul Greenwood, Vice President of Africa and Asia Pacific Business Development at ExxonMobil Gas and Power Marketing in Ha Noi yesterday, the Deputy PM lauded the firm for its engagement in the project, which is significant to ensuring national energy security and operating thermal power plants in the central region.

He reaffirmed the Vietnamese Government’s commitment to creating optimal conditions so the project could start pumping gas from the Ca Voi Xanh field in 2023.

For his part, Greenwood said that the project is important for ExxonMobil in fostering co-operation with Viet Nam in exploiting and producing oil and gas products.

He gave some proposals on removing obstacles for the firm and the Vietnamese side to soon reach a final agreement.

The Ca Voi Xanh field is about 100km east of the central coast. The Prime Minister has recently approved the construction of four gas-fired power plants in Quang Nam and Quang Ngai provinces with total capacity of 3,000MW using gas from the field. The PM has also agreed to use part of the gas exploited from the field to develop the oil refinery industry.

bizhub



NEWS SAME CATEGORY

Dien Bien mining firm violates regulations

Illegal road blocks, failure to follow safe mining procedures and disregard of public safety are among the violations of a mining company operating at Muong Ang...

Vung Ang 1 power plant caught red handed

PetroVietnam was found in violation when it ignored the prime minister’s directive by permitting the management board of Vung Ang 1 thermal power plant to buy...

Veg, fruit exporters must up safety standards

Vietnamese exporters of fruits and vegetables must improve hygienic standards of their products to avoid technical barriers imposed by the EU market, experts said...

Japanese electronics manufacturer to build third plant

The TNI Holdings Viet Nam Group and Japanese Meiko Electronics Viet Nam Company agreed to construct the third electronics plant in Viet Nam.

PetroVietnam, PVEP sign contract for oil blocks

Viet Nam National Oil and Gas Group (PetroVietnam) on Monday signed a contract employing PetroVietnam Exploration Production Corporation (PVEP) to operate oil...

VITAS recommends removing tariffs on polyester fibre

Viet Nam Textile and Apparel Association (VITAS) has petitioned the Ministry of Finance and the Ministry of Industry and Trade to not increase import tariffs on...

Idemitsu Q8 officially joins Vietnamese petroleum retail sector

Foreign investors’ joining the retail distribution of petroleum is expected to break domestic distributors’ dominance, heating up the competition in this sector.

Deep C IZs chain up to line Haiphong

Dinh Vu Industrial Zone JSC, backed by leading Belgian port, industrial zone, and green energy group Rent-A-Port, last week started developing its Deep C III...

Applying expertise for local sustainable energy industry

As Vietnam is looking at suitable solutions to reduce emissions and increase the efficiency of the country’s power plants, Jim Vono, general manager of GE’s Power...

Timber product exports to hit $8 billion

The export of wood and timber products is forecast to bring in US$8 billion in 2017, posting a 17 per cent year-on-year increase and surpassing the target of $7-7.5...


MOST READ


Back To Top