Sign up | Log in



Home  >>   Daily News  >>   Vietnam News  >>   Energy  >>   New gas supply in Vietnam
NEWS UPDATES Asean Affairs        23  April 2011

New gas supply in Vietnam

Related Stories

April 19, 2011
Vietnam calls for cooperation on Mekong hydro

April 5, 2011
US solar firm sells Vietnam on solar

March 30, 2011
Vietnam raises fuel prices

March 29, 2011
Vietnam promotes energy efficiency

Gas reserves of the Tien Hai gas field in the northern province of Thai Binh have been dwindling from more than 30 years of exploration, but the discovery of new, offshore oil and gas structures is expected to increase the energy supply for the region in the near future.

This information was confirmed by Nguyen Vu Truong Son, general director of PetroVietnam Exploration and Production (PVEP), a unit of PetroVietnam, at the 30th anniversary of the exploitation of Viet Nam's first gas pipeline in the province on Thursday.

In 1981, the first gas field was developed in Tien Hai District, Thai Binh Province in the Hong (Red) River basin.

This was a milestone, marking the first time Vietnam's petroleum industry was listed on the world map of oil and gas, and exposing the industry to the prospect of development.

To date, this region has detected a total of 13 reservoirs with a total of 1.3 billion cubic meters of gas reserves. In 30 years, the total production and supply of gas has reached 850 million cubic meters.

Pham Van Ca, vice chairman of the provincial People Committee, said the supply from the Tien Hai C gas field helped establish the 120ha Tien Hai Industrial Park (IP), home to over 40 businesses producing glass, crystal, porcelain, and ceramic tiles with an annual turnover of over VND650 billion (US$31.1 million).

However, the field's production was in decline and was not providing enough fuel to meet increasing demand from enterprises in the industrial park, Ca said.

PVE's general director Nguyen Vu Truong Son said in order to meet the gas needs of the Tien Hai IP and the northern region in general, PVEP and Song Hong Petroleum JSC had been actively carrying out exploration activities to evaluate reserves of potential reservoirs in the basin.

Newly discovered oil and gas structures, including Hac Long, Dia Long and Ham Rong, presented promising opportunities for fuel exploitation to aid manufacturing and petroleum industries, Son said.

PetroVietnam also directed PetroVietnam Gas to make an implementation plan to explore the Ham Rong field in Thai Binh from Lot 102-106 for the next four years. During this period,

PetroVietnam will also give priority to developing a gas pipeline to the shore to promote the gas industry in the region.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    23  April 2011 Subsribe Now !
• Chinese Prime Minister to visit Indonesia Subcribe: Asean Affairs Global Magazine
• Fitch gives favorable ratings to Indonesia financials Asean Affairs Premium
• Malaysian rare earth plant faces scrutiny
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Aquino wants security in Spratly Islands  
• Singapore exports grow in March

• Foreign investors see low Thai inflation

• Vietnam ministry urged to revamp road contracts

• New gas supply in Vietnam p

Asean Analysis    24  April 2011

Advertise Your Brand
• WEEKLY SUMMARY Sponsor Our Events

Asean Stock Watch    21  April 2011

• Asean Markets will head to record highs p

Global News Impacting Asia    17 November 2010


• Bank of America sees Asian inflation


• Lloyd’s increases insurance push in Malaysia


• Wells Fargo analyst on euro


• Obama’s visit to Asia


ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand