Petrovietnam’s Adaptation Orientation When Hydro Economy Formed

With the goal of contributing to ensuring national energy security and in the context of increasingly declining oil and gas exploitation, the research and evaluation of opportunities of Vietnam Oil and Gas Group (PetroVietnam) in being Developing hydrogen field in general and producing 'green' hydrogen as well as identifying natural hydrogen sources in particular are essential. Energy translation began to take place strong globally, many countries and episodes The energy delegation, oil and gas in the world has actively built and implemented the Hydrogen development strategy with the objectives to become the leading countries and enterprises in the Hydrogen industry in the future. With the goal of contributing to ensuring national energy security and in the context of increasingly declining oil and gas exploitation, the research and evaluation of the opportunity of PetroVietnam in developing hydrogen field in general and Production of "green" hydrogen as well as identifying natural hydrogen sources in particular is essential. Execute the working program of the Board of Directors, on August 24, 2021, Chairman of the Board of Directors Hoang Quoc Vuong chaired the seminar "The development trend of the Hydro industry and development prospects for PetroVietnam" with the participation of Members of Member Member, the Executive Board and leaders of the Group Specialization Boards. With the strategic department's strategic report on the development trend of the Hydro industry in the world and the hydrogen development strategy of countries, energy and oil and gas groups in the world, the region, evaluating the pros Profitability and difficulties as well as the development opportunities of PetroVietnam in the field of Hydro energy in general and "green" hydro in particular, the seminar has agreed to record hydrogen not only a source of fuel but also a source of raw materials weight for the fields of activities of the economy in general (such as industrial production, transportation, civil, energy production and storage); is the whole / fuel for PetroVietnam's production and business activities in particular; And in the Hydro "green" future will gradually replace the natural sources, fossil raw materials to form a hydrogen economy in the near future

. In addition to hydrogen sources produced from industrial synthesis processes, recently, Hydro is also found in nature (underground) in some parts of the world and the problem of searching, exploration and exploitation Natural hydrogen has attracted many interests of scientists and businesses in recent times. In Vietnam, there are many areas that can appear natural hydrogen as areas with many volcanic activities, sedimentary tanks related to coal formation, granite foundations .
. Overview of the working session Basis on exchanging comments, discussion in the seminar, Chairman of PetroVietnam Country Council of Hoang Quoc Vuong concluded: The Hydro industry in particular or the hydrogen economy is generally growing fast and becoming existing throughout bridge. Many countries are preparing for the formation of hydrogen economies and energy and petroleum corporations around the world, starting to develop "green" hydrogen production from renewable energy to prepare for production Trade after 2030. Although the "green" hydrogen field has many challenges, especially the issue of production costs is still high, however with the growth rate of renewable energy in the past time with The perfection of technology will accelerate the growth rate of "green" hydrogen and can produce trade-scale since 2030. In order to prepare for access to the hydrogen industry development trend when On the condition, at the same time, report to the Ministry of Industry and Trade on PetroVietnam's Hydro Development Prospects and specific proposals, the Group needs: Previously need to participate in the process of planning strategies and policies to create a France framework The necessary reason for the development of hydrogen energy through combination with research institutes, concerned ministries and agencies to Australia pushes the development of Vietnam's Hydro industry; Through PetroVietnam's long-term scientific and technological research program, focusing on application research, access to new technologies in the production chain, transport, storage and use / hydrogen applications to welcome and are willing to participate in hydrogen production and trading when the market is eligible; Study the trend of hydro "green" development on the basis of specialized specificities and availability of petroleum industry infrastructure, which focuses on: (1) Identify whether or not natural hydrogen / seams ; (2) Research on developing hydrogen value chain, especially renewable energy chains - Hydro - (i) Fuel Batteries (Fuel Cell) / Electricity production and (ii) Production of petrochemical products (protein, ammonia, methanol ...). PV

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