PM Phuc highlights cooperation with Tokyo Gas

At an August 15 reception for the company’s President Michiaki Hirose in Hanoi, PM Phuc called on Tokyo Gas to run long-term business in Vietnam, saying the Vietnamese Government always pays attention to and protects legitimate rights of foreign investors.

The Vietnamese Government is keen on developing the gas industry comprehensively and effectively by maximizing domestic resources and intensifying international cooperation, Phuc told Michiaki Hirose.

He spoke highly of Tokyo Gas’s opening of its representative office in Vietnam and congratulated the company and PetroVietnam Gas Joint Stock Corporation (PV Gas) on the establishment of a liquefied natural gas (LNG) joint venture in Vietnam.

Regarding the great demand for environmentally friendly LNG in Vietnam and many other countries, PM Phuc expressed his belief that with good partners and favourable business environment, Tokyo Gas operations will be successful in Vietnam.

He said Tokyo Gas have working sessions with PV Gas and the Vietnamese Ministry of Industry and Trade if the company faces any difficulty while investing in LNG, especially the Thi Vai LNG warehouse project in Cai Mep Industrial Zone in the southern province of Ba Ria-Vung Tau.

Michiaki Hirose, in turn said both Vietnam and Japan have conditions to develop the LNG market.

Vietnam is an important partner of Japan, covering the field of LNG, he said, adding that Tokyo Gas will step up cooperation with PV Gas in the time ahead.

Michiaki Hirose said he believes that Thi Vai LNG warehouse will become the most modern facility in this sector in Vietnam, adding that Tokyo Gas desiress to receive more support from the Vietnamese Government, particularly in mechanisms and policies, during its operation in the LNG market in the country.