Vietnam opens North’s largest LPG storehouse

PetroVietnam Northern Gas Joint Stock Company (PVGas North) has inaugurated the first phase of the Northern Depot of Liquefied Petroleum Gas (LPG) in Dinh Vu Industrial Zone in the port city of Hai Phong.

This is the largest LPG storehouse to be put into operation in the northern region and the second largest one in Vietnam, after Thi Vai Depot.

The storehouse has a total investment capital of over VND580 billion and it is designed to have a storage capacity of 5,000 tonnes this year and an estimated 10,000 tonnes by 2013.

The storehouse’s output is expected to increase annually to over 200,000 tonnes by 2013 and nearly 300,000 tonnes by 2018.

The project is part of a master plan to build a system of petroleum and LPG depots, approved by the Vietnam National Oil and Gas Group (PetroVietnam).

The construction of the system started early last year on an area of 3.69 hectares. The system includes five basins with a capacity of 7,500 tonnes per basin.

vov, vietnamplus

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