Sat. Jan 28th, 2023

The three State-owned giants in the energy sector have inked a strategic
cooperation agreement with the aim of ensuring national energy
security.

The general directors of the National Oil
and Gas Group (PetroVietnam), the Electricity of Vietnam (EVN) and the
Vietnam National Coal and Mineral Industries Group (TKV) signed the
agreement at a ceremony in Hanoi on February 26.

Under the agreement, the three groups will cooperate in developing a
master plan for the sector as well as in investing in the building and
operation of power plants, the exploitation and transportation of coal
both at home and abroad. They will also share the use of services and
coordinate their communications activities.

President
of the Vietnam Energy Association Tran Viet Ngai said the cooperation
between the three groups over the past time has contributed to ensuring
national energy security.

However, Ngai pointed out
the fact that there is yet a master plan for the energy sector as a
whole, with the coal, power and oil industries each having its own
development plan.

This fact hinders the
implementation of projects included in the national power development
plan, he noted, adding that the newly-reached strategic cooperation
between the three major energy industries is expected to help address
this problem.

Speaking at the signing ceremony,
PetroVietnam President Tran Dinh Thuc asked EVN to enhance cooperation
in the operation of PetroVietnam’s gas-fuelled power plants, especially
during the rainy season.

He called on EVN to speed up
the negotiation and signing of contracts with PetroVietnam’s power
plants such as Nhon Trach 12 power plans, Vung Ang coal-fuelled
power plant, Dakring hydroelectric plant and Phu Quy wind power plant
while speeding up the construction of the 220 kV Duyen Ha-Doc Soi power
line connecting Dakring hydroelectricity plant and the national power
grid.

On this occasion, Thuc suggested TKV’s leaders
accelerate the negotiation of coal selling contracts with PetroVietnam
thermal power plant.-VNA

By vivian