Vung Tau Gas Processing Company Finishes Ahead of Schedule

5:27:18 PM | 12/13/2013

Vung Tau Gas Processing Company (KVT) has reported completing its 2013 annual business targets as of November 24.
 
Specifically, dry gas output was 1,081.7 million cubic metres (compared with 1,079 million cubic metres set for 2013), or 100.3 percent of the full-year plan and was estimated to reach 1,190 million cubic metres in 2013, or 110 percent of the annual plan. LPG output arrived at 264,370 tonnes, fulfilling 122.4 percent of the full-year plan of 216,000 tonnes, and was projected to climb to 286,140 in 2013, equal to 132 percent of the annual plan. Condensate output was 54,200 tonnes, fulfilling 106.3 percent of the full-year plan of 51,000 tonnes, and was forecast to end the year with 59,340 tonnes, equal to 116 percent of the yearly plan.
 
To have outstanding results above, the company has taken measures to maximise the recovery of liquefied products by ensuring safe and continuous operation of gas works managed by KVT, with Dinh Co Gas Processing Plant playing a very important role; maintaining the highest reliability of gas processing system (100 percent); optimising plant operations and assessing daily recovery efficiency to recover liquefied products to a maximum; controlling recovered LPG product quality; carrying out regular maintenance of liquefied product recovering equipment at the time of low production and accelerating the carrying-out time (well-prepared for isolation and cleansing, increased personnel in charge, etc); and early completing maintenance and repairing in 2013. Quicker maintenance plus technical innovation application helps the company to produce nearly 1,200 tonnes of LPG and 210 tonnes of condensate, earning more than VND22 billion.
 
Kieu Yen