Deputy Prime Minister Hoang Trung Hai attended the event. PetroVietnam had focused on natural gas exploration over the past few years and would help Viet Nam become an energy-exporting country. The PetroVietnam Gas Joint Stock Corporation invested nearly US$92 million in the first phase of the collection and distribution system from Lots 102 and 106 of the Ham Rong oil field and Thai Binh gas field.
The projects, which are part of the national master plan on developing the gas industry, are expected to contribute to economic growth in the north of the country.