188bet asia PV GAS gains approval for large LPG terminal development in Hải Phòng

HÀ NỘI — Hải Phòng City has approved 188bet asia investment policy and investor for a PetroVietnam Gas Joint Stock Corporation (PV GAS) terminal project on Cái Tráp Island. 

188bet asia project is funded by PV GAS, a subsidiary of Vietnam National Industry – Energy Group (Petrovietnam), with 188bet asia aim of developing infrastructure for 188bet asia import, storage and distribution of liquefied petroleum gas (LPG) to serve 188bet asia northern market.

It will be implemented on Cái Tráp Island, within 188bet asia Đình Vũ – Cát Hải Economic Zone, a key industrial and seaport hub of 188bet asia city. 

This location offers strong connectivity to 188bet asia seaport system and international shipping routes, facilitating 188bet asia receipt and transshipment of LPG supplies.

With a total investment capital of approximately VNĐ7.5 trillion (around US$285 million) and an operational term of 30 years from 188bet asia date of approval, project operations are expected to begin in 188bet asia third quarter of 2028.

Under 188bet asia preliminary design, 188bet asia PV GAS Hải Phòng terminal will have a storage capacity of about 60,000 tonnes of LPG, including two liquid/gas berths capable of receiving vessels of up to 100,000DWT. 

188bet asia terminal system is designed to receive imported LPG via large tankers and then distribute it to 188bet asia market through smaller vessels or road transportation.

Once operational, 188bet asia project will enhance PV GAS’s capacity for LPG import, storage and distribution in 188bet asia northern region, meeting growing energy demand while improving supply stability for both industrial and residential customers.

188bet asia development of a large LPG terminal in Hải Phòng is expected to promote 188bet asia growth of 188bet asia region’s industrial, logistics and energy service ecosystem. — VNS

Vietnamnews.vn