VietGazprom may invest in gas-to-power project

Monday, Feb 06, 2017 18:07

Representatives of VietGazprom meet Quang Tri's officials. — Photo

Russia’s VietGazprom is planning to invest in a gas-to-power project in the central province of Quang Tri.

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

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

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

Nguyen Duc Chinh, the province’s chairman, said Quang Tri would support and create the most favourable conditions for VietGazprom to complete the survey as the Vietnamese Government was very interested in co-operation between Vietnamese and Russian businesses.

He also expected the project, if it was implemented, to boost the province’s socio-economic growth. — VNS

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