In July, the project completed installation, successful pre-commissioning, and commissioning. It was handed over to PV GAS Vũng Tàu, a subsidiary of PV GAS, for operational management.
The domestic retail price of petroleum decreased by VND309 to VND17,274 (77 US cents) per litre as of 3pm on Friday, the Ministry of Industry and Trade (MoIT) said.
The prices of RON 92 petrol and bio-fuel E5 remained unchanged, while diesel price 0.05S increased slightly in the first regular adjustment of petrol prices in 2017.
Some 800 small and medium sized gas trading companies have submitted a
proposal to the Prime Minister Nguyen Xuan Phuc and Minister of Industry
and Trade Tran Tuan Anh on gas trading requirements.
The retail price of a 12kg cooking gas canister was reduced by VND4,500
(US$0.2) to fall from VND250,000 to VND255,000 in southern cities and
provinces on August 1.
The slump in oil prices has strongly influenced business result of
Vietnam Gas Corporation (PVGas) in the last quarter of 2015, reporting a
of 78 per cent in profit.
Japan''s Aichi Tokei Denki Vietnam started constructing a measuring
instrument plant in Trang Due Industrial Park in the northern port city
of Hai Phong on June 6.
The gas price will be increased by VND125 per kilogramme or VND1,500 per twelve kilogramme gas tank from May 1, gas distributors and stores in HCM City and other southern provinces, said.
PetroVietnam Gas Joint Stock Corporation (GAS) has reported a net profit
of VND12.384 trillion (US$588 million) for the year 2013, a 26 per cent
increase over 2012.