PetroVietnam Gas Corporation (PV Gas), PetroVietnam Southern Gas Joint Stock Company (PV Gas South) and Japan Cooperation Centre Petroleum (JCCP) signed a co-operation agreement on Thursday to develop a liquefied petroleum gas (LPG) distribution management system.

A similar system is widely applied in Japan. Once operational, it will monitor the amount of gas used and levels remaining in storage tanks, and then send messages to the LGP distribution centre to co-ordinate refills for customers. The system will help cut costs and improve quality control.

PV Gas said the system would promote the development of the LPG retail market in Viet Nam, which remains heavily dependent on human labour for delivery and quality control.

The system would first be applied for hotels, restaurants and apartment buildings in HCM City.

By 2020, about 50 LPG distribution management systems are expected to be installed.

PV Gas is a leading LGP producer and distributor in Viet Nam. It owns eight warehouses with a total capacity of 23,100 tonnes. It has more than 3,100 distribution agents and stores with more than 4.2 million LPG tanks.

In 2018, PV Gas’ LPG retail sales totalled 271,180 tonnes, holding a market share of 25 per cent. — VNS