PetroVietnam Unit to Build US$1-Bln Gas Pipeline in South Vietnam in Q4
The management board of the southwestern gas project under the state-run oil monopoly PetroVietnam group is speeding up preparations in order to start construction of the Block B-O Mon gas pipeline worth US$1 billion in southern Can Tho City in the fourth quarter of this year.
The 406-kilometer gas pipeline includes a 246-kilometer offshore pipeline, and a 160-kilometer ashore pipeline stretching over five Mekong Delta localities namely Can Tho City, and Hau Giang, Kien Giang, Bac Lieu and Ca Mau provinces.
Once fully operational in July, 2011, the pipeline will transport 18.3 million cubic meters of gas per day or 20 billion cubic meters of gas per year.
It is expected to ensure gas supply for Ca Mau Gas-electricity-nitrogen fertilizer complex, O Mon power center, and industrial complexes in localities where the pipeline runs across.
If operational, this will be the fourth gas pipeline in Vietnam after the 107-km Bach Ho pipeline, the 370-km Nam Con Son pipeline, and the 298-km Ca Mau pipeline. (Investment)