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Resolution on oil, gas sector to fuel Ba Ria - Vung Tau’s growth

The implementation of the Politburo’s resolution on orientations for the oil and gas sector development strategy is not only important to this sector but also creates opportunities for Ba Ria - Vung Tau province to make breakthroughs and become a growth powerhouse.
Resolution on oil, gas sector to fuel Ba Ria - Vung Tau’s growth ảnh 1The Vung Tau oil and gas service terminal in Ba Ria-Vung Tau province (Photo: Vietnam Pictorial)
Ba Ria - Vung Tau (VNA) – Theimplementation of the Politburo’s resolution on orientations for the oil andgas sector development strategy is not only important to this sector but alsocreates opportunities for Ba Ria - Vung Tau province to make breakthroughs andbecome a growth powerhouse.

Tran Tuan Anh, Politburo member andChairman of the Party Central Committee’s Economic Commission, made the remarkwhile addressing a working session with leaders of the southern province onApril 6.

He said that by implementing thePolitburo’s Resolution No 41-NQ/TW, Ba Ria - Vung Tau can become a growthpowerhouse and a centre of the energy industry, in terms of not only oil andgas but also wind power and other renewables in the future.

Resolution on oil, gas sector to fuel Ba Ria - Vung Tau’s growth ảnh 2Tran Tuan Anh (standing), Politburo member and Chairman of the Party Central Committee’s Economic Commission, speaks at the working session with Ba Ria-Vung Tau leaders on April 6. (Photo: VNA) 
Mai Ngoc Thuan, Vice Chairman of theprovincial People’s Council, said the resolution has been institutionalised ina harmonious and timely manner, creating a sufficient, efficient, and effectivelegal corridor to help with the State’s management activities, energy security safeguarding,socio-economic development, and people’s daily activities and livelihoods,while serving as an important resource for developing other sectors andensuring defence - security.

The province has obtainedencouraging results in its efforts towards the resolution’s targets, including in petroleumexploration and exploitation, oil and gas processing, and power generation, henoted.

At the meeting, officials discussedsome issues related to the orientations and the development strategy for theoil and gas sector, central agencies and enterprises’ coordination with theprovince, and the building and management of the sector’s development plan.

They also pointed out existingproblems and their causes, while proposing some solutions on renewable energydevelopment./.
VNA

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