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Ha Tinh industrial park signs natural gas pipeline cooperation agreement

Ha Tinh held a forum on energy transition in industrial parks on November 13. Two companies signed an agreement in principle to develop a natural gas distribution system at Bac Hong Linh Industrial Park. Its first phase covers 188.61 hectares, with investment of about VND 2.08 trillion; gas supply plans must align with infrastructure development.

VietVance

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On November 13, the Ha Tinh Economic Zone Management Board held a forum on energy transition in industrial parks and economic zones. About 120 representatives from provincial departments, park infrastructure investors, manufacturers and gas companies attended. They discussed energy costs, supply stability and environmental requirements. According to the Ha Tinh Statistics Office, the province’s industrial production index rose 40.15% year on year in the first nine months of 2026, including a 56.13% increase in the third quarter.

Representatives of Ha Tinh provincial agencies and businesses attend the forum on energy transition in industrial parks.(VietVance)

At the forum, Plaschem Ha Tinh Industrial Park Joint Stock Company and Vietnam Low Pressure Gas Distribution Joint Stock Company (PV GAS D) signed an agreement in principle to develop a natural gas distribution system at Bac Hong Linh Industrial Park. Under the agreement, PV GAS D will invest in gas supply equipment and pipelines to deliver natural gas to each customer factory in the park. The park developer will provide land and technical infrastructure, and the two companies will jointly assess tenants’ energy needs.

Representatives of the park developer and PV GAS D sign the agreement in principle on cooperation in a natural gas distribution system.(VietVance)

The first phase of Bac Hong Linh Industrial Park covers 188.61 hectares and has total investment of about VND 2.08 trillion. It is planned to focus on the paper industry. A PV GAS D executive said gas supply to Ha Tinh’s industrial parks could be introduced in stages according to demand and the pace of infrastructure development. PV GAS expects its LNG storage facility in north-central Vietnam to begin operating in the first quarter of 2030, providing a source of gas for regional pipeline distribution.

Phạm Văn Tình, deputy head of the Ha Tinh Economic Zone Management Board, said businesses remain concerned about initial investment costs and procedures. The board will guide businesses and consider making provision for gas supply facilities in plans for new industrial parks. Business representatives said the transition must also address equipment upgrades, financing, long-term gas supply and transparent pricing while avoiding disruption to existing production.

Source: VietVance

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