Vietnam Project Produces 2 BCM Gas

The Nam Con Son gas project – Vietnam's biggest foreign investment- celebrated three major accomplishments on August 26, 2004 as it achieved 2 billion cubic meters of gas production and sales, 2 years without a days-away-from-work case (DAFWC) and 2 million hours worked safely. ONGC Videsh Ltd. along with Vietnam Oil and Gas Corporation (Petro Vietnam) and the UK's British Petroleum are partners in the Block 06.1 Project.

The milestone of supplying two billion cubic meters of gas to fuel Vietnam's energy needs was reached on 6th July after 18 months in operation. During this period, the project achieved outstanding reliability, meeting 100 per cent of our customer's gas nominations. The project's performance has contributed enormously to Vietnam's economic development.

While speaking at the function Mr. Ravindranath, Executive Director (ONGC-VL), thanked the Partners, PetroVietnam, Baria Vung Tau authorities, the Government of Vietnam and the people of Vietnam for their support in making this project successful. Mr. Ravindranath said "We are sure that with such co-operation and support the Nam Con Son Gas project will have more achievements to its credit, which, we trust shall accelerate the pace of industrial development and economic growth in Vietnam".

On this occasion, the Baria Vung Tau provincial authorities honored ONGC Videsh along with Petro Vietnam, BPEOC & Conoco Philips with "Certificate Of Merit" in recognition of contribution towards industrial and economic development of the province in particular and Vietnam in general.