PM starts gas project in Kien Giang province

April 04, 2016 | 14:40

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PM Nguyen Tan Dung on April 3 pressed a button to launch the Block B-O Mon gas project in the southern province of Kiên Giang.

PM Nguyen Tan Dung at the launching ceremony of the Block B-O Mon gas project,
Kien Giang, April 3, 2016

The national key project targets to collect and exploit 107 billion cubic metres of gas and 12.65 million barrels of condensate from offshore Block B. Around 5.06 billion cubic metres of gas are expected to be brought ashore per year from 2020.

The US$6.8 billion project will be implemented in 20 years, consisting of a technology centre and 46 drilling platforms, one accommodation platform, one condensate tank, and about 750 drilling wells.

The Block B – O Mon gas pipeline costs US$1.2 billion and is designed to have a capacity of 20.3 million cubic metres. It will transport gas from Block B to An Minh District in Kiên Giang province and supplement gas for the PM3 – Cà Mau pipeline. The 431km pipeline is also expected to provide gas for a number of gas turbine power plants in the two Mekong Delta localities.

The projects will be put into operation in the second quarter of 2020.

Addressing the groundbreaking ceremony, PM Nguyen Tan Dung lauded the effort of the Việt Nam National Oil and Gas Group (PetroVietnam) and called on the group to realize the project with safety, good quality, and on schedule.

VGP

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