PM urges efforts to ensure power, petroleum supply

Sep 6th at 08:16
06-09-2023 08:16:53+07:00

PM urges efforts to ensure power, petroleum supply

Prime Minister Phạm Minh Chính has signed an official telegram to relevant ministries and agencies asking for efforts to ensure adequate power and petroleum supply.

A customer buys petrol for his motorbike. No electricity and petrol shortages are allowed in any circumstances, Prime Minister Phạm Minh Chính has ordered. — VNA/VNS Photo Tuấn Anh

Stressing that ensuring energy security was a fundamental factor and an important premise for socio-economic development, the Prime Minister asked the Ministry of Industry and Trade, the Commission for Management of State Capital at Enterprises (CMSC), Việt Nam Electricity (EVN), Vietnam Oil and Gas Group (PVN), Vietnam National Coal – Mineral Industries Holding Corporation Limited (TKV) and Vietnam National Petroleum Group (Petrolimex) to enhance accountability and coordination for effective implementation of solutions to ensure energy security.

The telegram was promulgated after some disruptions in energy supplies, including the partial power shortage in the North in the dry season of 2023 and the petroleum shortage in some localities at the end of 2022.

Specifically, the Ministry of Industry and Trade must urgently complete the plan to ensure electricity supply for production, business, and daily life in the remaining months of this year and next year. Power shortages must not be allowed under any circumstances, the Prime Minister said.

The investment in the 500kW power grid from Quảng Trạch, Quảng Bình to Phố Nối, Hưng Yên must be sped up to start construction in September.

Additionally, mechanisms to encourage rooftop solar power must be completed and submitted for consideration promptly. Supervision of the operation of the National Load Dispatch Centre must also be enhanced.

CMSC must ask EVN, TKV, and PVN to speed up their investment projects to contribute to promoting socio-economic development and ensure energy security while cooperating closely with each other to implement contracts for supplying coal and gas for electricity production.

EVN, PVN, and TKV must focus on speeding up power generation and grid projects.

Regarding the supply of petroleum for the domestic market, the Prime Minister asked relevant ministries, agencies, and corporations to ensure adequacy under any circumstances with no disruptions.

Market developments must be closely monitored for timely and appropriate management measures.

Any violations in the petroleum business must be strictly handled to ensure the health and transparency of the market. 

Bizhub





NEWS SAME CATEGORY

Vietnam’s gasoline prices edge up

Vietnam’s petrol prices were revised up slightly at 3:00 pm on Tuesday by the Ministry of Industry and Trade and the Ministry of Finance.

Việt Nam yet to receive any UK warning on dragon fruit: official

The Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (Vietnam SPS Office) has not received any warning from the UK about dragon fruit...

Building a national brand amid chaotic rice market

India’s recent ban on rice exports has sent the global rice market into chaos with speculative hoarding and panic buying, which brought a significant opportunity...

Vietnam reacts to report that UK outlets halt selling Vietnamese dragon fruits over pesticide residues

Vietnam SPS Office are waiting for a reply from the UK side in relation to a report that some British supermarkets have stopped selling Vietnamese dragon fruits due...

South Korea’s purchase of canned tuna from Vietnam skyrockets nearly 500% in January-July

South Korea has beefed up its purchase of tuna from many nations, including Vietnam, with its import of canned tuna from the Southeast Asian country between January...

US highly values Vietnam’s tra fish safety control

An American inspection team has spoken highly of Vietnam’s food safety control system for the country’s tra fish (pangasius) exports to the U.S., despite its few...

Rosier price prospects for steel products set for Q4

Slow consumption continues to pull domestic iron and steel prices down deeply, particularly as the Q3 low consumption season has not yet ended.

CBAM warrants steel exporter reaction

Steel exporters will need a robust response following the European Union’s new carbon border tax, which will be valid from October.

Vietnam’s vegetable exports reach record high

High demand from the Chinese market and the repercussions of droughts and floods in various countries prompted an increased import of Vietnamese fruits and...

Vietnam maintains lead in global rice export prices

Vietnam still tops the list of rice exporters in the world in terms of rice export prices, with its 5-percent broken rice selling for US$638 per tonne last Friday.

Commodity prices


MOST READ


Back To Top