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Cooperation with Tokyo Gas is important: Prime Minister

Prime Minister Nguyen Xuan Phuc stated that cooperation with Tokyo Gas Co Ltd is very important as oil and gas cooperation is one of the top priorities in Vietnam-Japan economic ties.
Cooperation with Tokyo Gas is important: Prime Minister ảnh 1Prime Minister Nguyen Xuan Phuc (R) and President of Tokyo Gas Co Ltd Michiaki Hirose (Source: VNA)
Hanoi (VNA) – Prime MinisterNguyen Xuan Phuc stated that cooperation with Tokyo Gas Co Ltd is veryimportant as oil and gas cooperation is one of the top priorities in Vietnam-Japaneconomic ties.

He called on Tokyo Gas to run long-term business in Vietnam during hisreception for the company’s President Michiaki Hirose in Hanoi on August 15.

The Vietnamese Government always paysattention to and protects legitimate rights of foreign investors, the leadernoted.

He also highlighted the VietnameseGovernment’s views on developing the gas industry comprehensively andeffectively by maximizing domestic resources and intensifying internationalcooperation.

He lauded Tokyo Gas’s opening of itsrepresentative office in Vietnam and congratulated the company and PetroVietnamGas Joint Stock Corporation (PV Gas) on the establishment of a liquefiednatural gas (LNG) joint venture in Vietnam.

Emphasing the huge demand forenvironmentally friendly LNG in Vietnam and many other countries, PM Phucexpressed his belief that with good partners and favourable businessenvironment, Tokyo Gas will gain successes in Vietnam.

He suggested Tokyo Gas have working sessionswith PV Gas and the Vietnamese Ministry of Industry and Trade if the companyencounters any difficulty while investing in LNG, especially the Thi Vai LNGwarehouse project in Cai Mep Industrial Zone in the southern province of BaRia-Vung Tau.

In reply, Michiaki Hirose said both Vietnamand Japan have conditions to develop the LNG market.

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

Michiaki Hirose said he believes that ThiVai LNG warehouse will become the most modern facility in this sector inVietnam.

Tokyo Gas wishes to receive support of theVietnamese Government, particularly in mechanisms and policies, during itsoperation in the LNG market in Vietnam, he said. -VNA
VNA

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