(QNO) - The leaders of Vietnam National Oil and Gas Group (PetroVietnam) has just worked with Quang Nam province’s leaders and done fieldwork in the province to start the Ca Voi Xanh (Blue Whale) natural gas project.
|Leaders of PetroVietnam and Quang Nam province in the meeting|
At the meeting, the representatives from the PetroVietnam briefly updated the provincial leaders on the project of Ca Voi Xanh natural gas field, 100km off the Vietnam’s central coast, managed by Exxon Mobil (United States). Natural gas in this field is now available to exploit and put in use, meeting the energy demand in the country. The project’s operation will contribute to the nation’s energy security, local economic growth and job opportunities for people in the region. The gas processing plant will be built on 1,000ha in Tam Quang commune, Nui Thanh district, Quang Nam province. The plant will annually receive 10 billion cubic metres of natural gas from the Ca Voi Xanh offshore natural gas field. The construction of the plant is scheduled to begin in 2017 and it will become operational in 2023.
At the end of the meeting, the Quang Nam province’s and PetroVietnam’s leaders agreed to maintain frequent meetings to promote cooperation projects. Immediately, two sides will sign a comprehensive cooperation agreement so that the PetroVietnam and its member agencies (PVGas, PV Oil, Dam Phu My…) can deploy many projects in the province.
Reportedly, the total investment capital of the Ca Voi Xanh project of PetroVietnam in central region of Vietnam is about 4.6 billion USD.