The growth of liquefied petroleum gas (LPG) consumption is forecast to slow down as LPG prices have tended to increase in 2018, according to the Vietnam Gas Association (VGA).
Dung Quat oil refinery in Quang Ngai province (Photo: VNA)
HCM City (VNA) – Thegrowth of liquefied petroleum gas (LPG) consumption is forecast to slow down asLPG prices have tended to increase in 2018, according to the Vietnam GasAssociation (VGA).
The VGA said on September 27 that LPG consumptionthis year could rise by 5-6 percent from 2017 to 2.05-2.07 million tonnes.
The domestic LPG is currently provided by the PetroVietnamGas JSC gas processing plant in the southernmost province of Ca Mau, as well asthe Dung Quat oil refinery of the Binh Son Refining and Petrochemical JSCin the central province of Quang Ngai.
The two firms produce 828,000 tonnes of LPG,meeting around 45 percent of the market demand. The remaining 55 percent isimported from other countries.
Nguyen Hai Long, head of the VGA’s southern branch,said that illegal gas extraction, changing LPG containers, and counterfeitinglabels are still rampant in the market.
The fight against such fraudulent activities hasbeen enhanced in 2018, focusing on illegal gas extraction facilities,especially in Binh Duong, Dong Nai, and Long An provinces.
He added that the VGA has coordinated withauthorised agencies to boost communications to raise public awareness of gassafety. Its southern branch will press on with fighting trade frauds regardingLPG in the time ahead. –VNA
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Dung Quat oil refinery in Quang Ngai province (Photo: VNA) 
