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Saturday,  Dec 16,2017,16:02 (GMT+7)

Vietnam wants Blue Whale gas project talks quickened

The Saigon Times Daily
Thursday,  Oct 12,2017,21:51 (GMT+7)
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Vietnam wants Blue Whale gas project talks quickened

The Saigon Times Daily

Deputy Prime Minister Trinh Dinh Dung greets Paul Greenwood, ExxonMobil Vice President for Americas, Africa and Asia Pacific Business Development at ExxonMobil Gas & Power Marketing - PHOTO: VGP

HCMC - Deputy Prime Minister Trinh Dinh Dung has told the Ministry of Industry and Trade, Vietnam National Oil and Gas Group (PVN) and American oil and gas firm ExxonMobil to accelerate talks so that the Blue Whale gas field could be put into production soon.

At a meeting in Hanoi on October 10 with Paul Greenwood, ExxonMobil Vice President for Americas, Africa and Asia Pacific Business Development at ExxonMobil Gas & Power Marketing, Deputy PM Dung said he appreciated ExxonMobil’s involvement in the project.

The project would help deepen ties between Vietnam and the U.S., he noted. The project is expected to boost the nation’s power security, facilitate construction and operation of gas-fueled power plants in the central region, and create jobs for locals, he added.

He stressed the Vietnamese Government will create favorable conditions for the project to be successful.
Greenwood said the project is playing a crucial role in promoting cooperation between ExxonMobil and Vietnam in exploring, extracting and processing oil and gas products.

ExxonMobil has plans to cooperate with PVN in other oil and gas projects in Vietnam in the coming time. 
Greenwood suggested the Vietnamese Government intervene to remove some hindrances in the negotiation process so that a final agreement could be reached soon.

According to the Government news website, Blue Whale is Vietnam’s current largest gas field, about 100 kilometers east of the central coast.

The Prime Minister has recently approved construction of four power plants running on gas from Blue Whale, with a total capacity of 3,000 MW.

Two of them will be developed in Nui Thanh District, Quang Nam Province, and the other two at Dung Quat Economic Zone in Quang Ngai Province.

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