Topic: GAS

The Southeast Asian nation charts a meticulous course to enhance its strategic stockpiles and logistical networks for petroleum products and natural gas, aiming to fortify energy security amid fluctuating global dynamics.

The Ministry of Industry and Trade is spearheading a new Decree to replace existing regulations, aiming to balance consumer, user, and business interests in the petroleum sector amidst global energy challenges.

On September 11, at a meeting with the Vietnam National Oil and Gas Group (PetroVietnam), Prime Minister Pham Minh Chinh noted a number of important tasks for the Group, the most important being to ensure there are no energy shortages. The Group currently meets 75 per cent of domestic petroleum demand. The Prime Minister also suggested that it promote international cooperation.