Signing ceremony of gas sale heads of agreement (Photo: Petrovietnam)The main content of this heads of agreement is to unify theprinciples and main provisions of the Gas Sale Agreement (GSA) and serve as abasis for the parties to accelerate the investment progress of all projects in Block B gas - power project chain.
Petrovietnam General Director Le Manh Hung said that theentire gas source of Block B, nearly 400km off Can Tho city’s coast, will betransported through a pipeline system to the city’s O Mon district to besupplied to the O Mon I, O Mon II, O Mon III and O Mon IV power plants, which havea combined capacity of about 3,810 MW.
During the stable period, Block B will provide power plantswith about 5.06 billion cubic metres of gas per year to produce about 21.2billion kWh of electricity to meet part of the energy demand for Vietnam’seconomic development in the coming time.
Petrovietnam General Director Le Manh Hung (Photo: Petrovietnam)Nobuta Tetsuhiro, Counsellor of the Japanese Embassy inVietnam, affirmed the O Mon II Thermal Power Plant Project, invested by theWTO-Marubeni joint venture, will be an important transitional energy project, contributingto helping Vietnam fulfill its commitment to bring net emissions to zero by2050, as well as tightening cooperation between Japan and Vietnam.
He went on to say that the Japanese embassy will maintainits support to speed up the progress of the project, which is expected to beput into commercial operation in 2026-2027./.
VNA
