Government stresses environment issues in oil sector planning

Deputy Prime Minister Hoang Trung Hai has requested the oil and gas sector to focus on the environment issue and energy saving and security in its development master plan for 2006-2015 and visions towards 2025.

During a meeting on the issue on September 10, Deputy PM Hai also said the plan should include detailed steps at every development stage of the sector in order to define clearly the country’s ability for self-sufficiency in energy.

The draft master plan, which has been circulated among relevant ministries and sectors for recommendations, forecasts that Vietnam’s demand for oil and petrol products will grow by an annual 8-10% until 2010.

It calls for acceleration of oil and gas exploration and exploitation activities and stronger cooperation with foreign partners in the targeted period.

ND

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