Nhan Dan Online/VNA – Work started for the construction of a LPG storage and tank truck station in the Dung Quat economic zone’s Eastern Industrial Zone on March 16 with a total initial investment of 226.6 billion VND.
The Vietnam Gas Corporation, a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), is the investor of the project which has a total initial investment of nearly 227 billion.
The project covers 6.3 hectares, which will house two tanks capable of storing 2,000 tonnes of liquefied petroleum gas (LPG) and other equipment meeting the international and Vietnamese standards.
The storage depot will link directly with the Dung Quat refinery and undertake the delivery of LPG from the refinery in the southern central coastal region and Central Highlands, helping stabilise domestic LPG market.
The project, expected to be completed in the first quarter of 2010, will contributed to Quang Ngai province’s socio-economic development.
The Dung Quat LPG storage project, together with existing facilities of PV Gas North and PV Gas South nationwide as well as a cold LPG storage depot to be build in Ba Ria-Vung Tau by the year end, will form a complete infrastructure system for LPG distribution, to contribute to ensuring the national energy security.
Source: www.nhandan.com.vn