🟩CNG stocks grew strongly thanks to the trend of converting to LNG gas use:
🟩- On August 29, Ba Ria Vung Tau Department of Industry and Trade issued a certificate of CNG Vietnam Joint Stock Company
(CNG Vietnam) - this is the first unit in Vietnam licensed to trade LNG in Vietnam
🟩- The Fabric warehouse will go into operation in July 2023.
🟩- Power planning VIII, requires increasing the proportion of gas power plants using natural gas as fuel, reducing the proportion of coal and hydroelectric power plants. 🟩This drives the LNG segment to thrive in 5-10
next year, especially when the Government is racing to build gas power plants with large capacity such as Nhon Trach 3, 4 or projects in progress: O Mon I, II, III and IV.
🟩- On 23/08/23 CNG officially tested the LNG filling station in Long An
🟩- On August 29, Ba Ria Vung Tau Department of Industry and Trade issued a certificate of CNG Vietnam Joint Stock Company
(CNG Vietnam) - this is the first unit in Vietnam licensed to trade LNG in Vietnam
🟩- The Fabric warehouse will go into operation in July 2023.
🟩- Power planning VIII, requires increasing the proportion of gas power plants using natural gas as fuel, reducing the proportion of coal and hydroelectric power plants. 🟩This drives the LNG segment to thrive in 5-10
next year, especially when the Government is racing to build gas power plants with large capacity such as Nhon Trach 3, 4 or projects in progress: O Mon I, II, III and IV.
🟩- On 23/08/23 CNG officially tested the LNG filling station in Long An
