HA NOI (VNS)— The PetroVietnam Gas Corporation (PV Gas) opened a liquefied petroleum gas (LPG) depot in southern Ba Ria-Vung Tau Province on Wednesday.
Covering 5.3 hectares in Cai Mep Industrial Park, the Thi Vai depot is capable of storing 60,000 tonnes (equivalent to 15,000 cubic metres) of LPG, making it the largest of its kind in Viet Nam.
The US$114 million depot was built by the PetroVietnam Construction Corporation (PVX) and South Korea's Daewoo Engineering Company (DEC).
It is expected to help PVGas stabilise its supply of LPG for the local market, ensuring the nation's energy security.
Viet Nam now houses 26 LPD depots with a total capacity of 61,000 cubic metres. They are mainly in the northern port city of Hai Phong, the central port city of Da Nang, the southern province of Dong Nai, HCM City, the Mekong Delta city of Can Tho and the oil-rich province of Ba Ria-Vung Tau.-VNS