National petroleum-gas reserve infrastructure planning approved
Deputy Prime Minister Tran Hong Ha on July 18 signed a decision approving the infrastructure planning for national petroleum and gas reserves for the 2021-2030 period, with a vision towards 2050.
The planning looks to form infrastructure for national reserves with a storage capacity of 500,000-1,000,000 cubic metres of petroleum products and 1,000,000-2,000,000 tonnes of crude oil within the 2021-2030 period. (Photo: baochinhphu.vn)
Hanoi (VNA) – Deputy Prime Minister Tran Hong Ha onJuly 18 signed a decision approving the infrastructure planning for nationalpetroleum and gas reserves for the 2021-2030 period, with a vision towards 2050.
The overall objective of the planning project is to develop aninfrastructure system for the reserves, including strategic reserves,production reserves, commercial reserves, transport, and distribution. Thesystem building is expected to meet economic, technical, and environmentalrequirements; and ensure sufficient, safe, continuous reserves and supplies forsocio-economic development, national defence, and security.
The planning project also aims to ensure that the storage capacityof crude oil and petroleum products nationwide reaches 75-80 days of netimports; and the storage capacity of gas reserves meets the domestic marketdemand.
Specifically, it targets to stabilise the commercialpetroleum infrastructure to meet demand in the local market, with an additionalstorage capacity of 2,500,000-3,500,000 cubic metres for 2021-2030 and10,500,000 cubic metres after 2030.
The planning looks to form infrastructure for nationalreserves with a storage capacity of 500,000-1,000,000 cubic metres of petroleumproducts and 1,000,000-2,000,000 tonnes of crude oil within the 2021-2030period./.
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The planning looks to form infrastructure for national reserves with a storage capacity of 500,000-1,000,000 cubic metres of petroleum products and 1,000,000-2,000,000 tonnes of crude oil within the 2021-2030 period. (Photo: baochinhphu.vn) 
