Development goals of PV Gas until 2025
To develop PV Gas to an image of strength, safety, quality, effectiveness, modernity, covering a complete scope of the whole chain such as: Gas gathering, transporting, processing, storing, trading, services, export and import; to focus on boosting investment in the infrastructure of the gas industry nationwide.
To achieve growth rate of revenue: Between 18 - 20% per year, of which: Revenue from gas is 61%, from gas products 17% and from services 22%.
To intensify gas gathering to the maximum extent, promoting investment in a LNG (Liquefied Natural Gas) importation system, to assure gas provision and supply consecutively for end-users; to enhance gas consumption from 8 billion m3 in 2011 up to 12.5 billion m3 in 2015; to import 0.5 million tons of LNG in 2015.
To invest in the infrastructure network of the gas pipeline onshore as well as connecting to the regional one to ensure effective gas consumption.
To invest in the system of storage to remain 70% market share of LPG wholesale nationwide and to develop the distribution network to obtain 30% market share of LPG retail sales throughout the country.
To develop and become the leading services provider in the gas field, especially services including transportation, maintenance, pipe production and coating, storage tanks. To reach an annual average growth rate of 20% per year.
To continuously enhance the potential resources of technology and science, quality and effect for assignment of technological and scientific research, cementing more tightly to study institutes, universities and the enterprises belonging to PV Gas; to invest in research, innovation of new gases, the production and processing technology of gas with a high CO2 content; to build and set up the staffs, officers and workers with high professional qualifications who have sufficient capability for research to develop applications and become managers of up-to-date technology at the regional level as well as at the multinational level.