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Van Nguyen | 04/02/2026
The move aiming to strengthen national energy security.
Prime Minister Pham Minh Chinh has called for the development of additional oil and petroleum reserve facilities beyond the planned site in the central province of Thanh Hoa to strengthen national energy security.
The request was made during a meeting on April 1 to review preparations for a crude oil reserve project in the Nghi Son area, according to a Government News report.
The Ministry of Industry and Trade has been tasked with studying the development of further reserve facilities in Quang Ngai, Ho Chi Minh City and other localities.
The Prime Minister also urged the Viet Nam National Industry-Energy Group (Petrovietnam) to coordinate with relevant agencies and Thanh Hoa authorities to expedite construction of the Nghi Son facility.
He emphasised that the project is not only an urgent infrastructure requirement but also of strategic importance for economic development and ensuring national energy security.
Source: Vneconomy
