Wednesday, 01/07/2009 15:13

Contract for providing gas compressor module signed

The signing ceremony on providing gas compressor module to the project of collecting gas from the Mo Rong and Doi Moi oil fields was opened at the headquarters of Vietsovpetro in Vung Tau city, Ba Ria-Vung Tau province on June 29.

The project, with a total investment capital of US$42.4 million, is under the contract between the Vietnam-Russia Oil and Gas Joint Venture (Vietsovpetro) and Global Process Systems Company (Singarpore).

The gas collection project is one of the most important projects of Vietsovpetro and scheduled to be executed in 14 months. The project will help to collect gas during the oil exploitation process as well as avoid letting gas flare away in order to protect the ecological environment.

Gas worth thousands of US dollars has flared away. So, the urgent deployment on the gas collection project is a matter of great importance especially when the volume of exploited gas has been declining.

nhandan

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