Vietnam: Requirements for gas traders

According to Decree No. 87/2018/ND-CP of Vietnam’s Government, requirements for gas traders are specified as follows:

Requirements applied to gas importers and exporters

Every gas importer or exporter must:

+ be an enterprise founded in accordance with provisions of laws;

+ own wharves or enter into a contract for leasing wharves of the Vietnam port system for at least 5 years which have been permitted to be put in use by competent authorities;

+ own gas tanks or enter into a contract of gas tank lease which meets all safety regulations;

+ satisfy all requirements for fire preventing and fire extinguishing in accordance with provisions of laws;

+ own LPG bottles or enter into a contract of leasing LPG bottles eligible to be put on the market (applied to bottled LPG importers and exporters).

Gas importers and exporters using gas pipelines must not only meet all requirements prescribed above but also own gas pipelines and gas distribution stations which satisfy all conditions for safety, fire preventing and fire extinguishing in accordance with provisions of laws.

Requirements applied to gas-producing and gas-processing traders

Every trader producing or processing gases must:

+ be an enterprise founded in accordance with provisions of laws;

+ own a producing or processing facility that is permitted to be constructed by competent authorities;

+ have production or processing line, machines and equipments tested as regulated;

+ own a laboratory for testing gas quality or enter into a contract of leasing such laboratory for at least1 year with any trader or organization eligible for quality testing in accordance with national technical regulations;

+ satisfy all requirements for fire preventing and fire extinguishing in accordance with provisions of laws.

- Traders producing and processing LNG must not only meet all requirements prescribed above but also own a LNG pumping and filling system to transport LNG or an equipment system serving gas conversion to distribute to customers.

- Traders producing and processing CNG must not only comply with regulations prescribed above but also own a CNG compression station.

Requirements applied to gas sellers and purchasers

Every gas seller and purchaser must:

+ be a trader in accordance with provisions of laws;

+ own gas tanks meeting safety requirements or LPG bottles eligible for circulation on the market or enter into a contract of tank or LPG bottle lease;

+ satisfy all requirements for fire preventing and fire extinguishing in accordance with provisions of laws;

- Gas sellers and purchasers using gas pipelines must not only meet all requirements prescribed above but also own gas pipelines and gas distribution stations which satisfy all conditions of safety, fire preventing and fire extinguishing in accordance with provisions of laws.

- LNG sellers and purchasers must not only meet all requirements prescribed above but also own a LNG distribution station or LNG filling station which satisfies all requirements for safety, fire preventing and fire extinguishing in accordance with provisions of laws.

- CNG sellers and purchasers must not only meet all requirements prescribed above but also own CNG tank trucks, a CNG compressing station or CNG filling station which satisfies all requirements for safety, fire preventing and fire extinguishing in accordance with provisions of laws.

Decree No. 87/2018/ND-CP of Vietnam’s Government takes effect from August 01, 2018.

-Thao Uyen-

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