Business

VietGazprom to invest in gas-to-power project

Russia’s VietGazprom is planning to invest in a gas-to-power project in the central province of Quang Tri.
VietGazprom to invest in gas-to-power project ảnh 1A corner of Dung Quat oil refinery factory (Source: VNA)
Hanoi (VNA) - Russia’s VietGazprom is planning toinvest in a gas-to-power project in the central province of Quang Tri.

Kovtun Andray, head of Gazprom International’s representative office in Vietnam,revealed this at a recent meeting with the provincial People’s Committee.

Accordingly, VietGazprom is surveying plans to bring gas to the mainland ofQuang Tri from the Bao Vang field, 120km offshore on the continental shelf ofcentral Vietnam, and construct a 340MW gas-to-power plant in the province’sQuang Tri Southeastern Economic Zone, Dau tu (Vietnam Investment Review) reported.

After completing the survey, VietGazprom will submit the project to GazpromInternational for approval in March 2017.

Nguyen Duc Chinh, Chairman of the provincial People’s Committee, said Quang Triwill support and create the most favourable conditions for VietGazprom tocomplete the survey as the Vietnamese Government is very interested in cooperationbetween Vietnamese and Russian businesses.

He also expected the project, if it is implemented, to boost the province’ssocio-economic growth.-VNA
VNA
#VietGazprom#gas#gas-to-power project
Follow VietnamPlus

Related News

Prime Minister Nguyen Tan Dung (Source: VNA)

Vietnam, Russia strengthen comprehensive cooperation

Vietnamese Prime Minister Nguyen Tan Dung will pay an official visit to Russian Federation at the invitation of Prime Minister Dmitry Medvedev from May 12-15 with the aim of strengthening the comprehensive strategic relationship between the two nations.
President Truong Tan Sang. Photo: VNA

Vietnam, Russia approach new era

Russian President Vladimir Putin’s visit to Vietnam on November 12 is expected to further promote the comprehensive strategic partnership and mutual understanding between the two countries as well as their collaboration at regional and international forums.

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.