Nam Con Son 2 Gas Pipeline worth US$1.3 billion in total investment capital, covering: 325 km offshore pipeline, 30 km onshore pipeline and the Gas Processing Plant (GPP) is the national key project in oil and gas industry, and important infrastructure facilities in the infrastructure formation and completion of Vietnam gas industry by 2015 with orientation to 2025. The complex project consists of component projects: Nam Con Son 2 Gas Pipeline Project – Phase 1 (pre-building of nearly 151 km 26’’ pipeline of NCS2 project from Thien Ung oil rig to Bach Ho Field); Dai Hung gas gathering project; project for upgrading Bach Ho Field infrastructure facilities to receive gas from Thien Ung – Dai Hung. This is the biggest and most complicated gas processing project in terms of specifications and progress requirements ever implemented by Vietnamese companies themselves.
Addressing the ceremony, Mr. Do Van Hau – President & CEO – emphasized that Nam Con Son 2 Gas Pipeline Project was the challenging and largest project to date of PVN, requiring close and urgent co-operation between member companies. PetroVietnam leadership was delighted to see PV GAS, PVEP and VSP entering into the agreement for project implementation and hoped the member companies to make more effort and focus, cooperating with each other more closely and effectively, closely following the planned schedules, promoting the initiative spirit for the project targets, resolved to complete the project with quality, on schedule and on budget. PVN leadership will set up a permanent team to closely monitor this complex project, ensuring smooth cooperation among the member companies.
