On August 4th, 2023, at the Melia Hanoi Hotel, the EPC Contract Signing Ceremony for the LPG (Liquefied Petroleum Gas) Storage Facility Project with a capacity of 176,400m³ was held. The consortium of TTCL Public Co., Ltd. and TTCL Vietnam Co., Ltd. is honored and proud to have been entrusted by YHP (Yen Hung Petrochemical Joint Stock Company) to carry out the project as the EPC contractor for the largest LPG storage facility in Northern Vietnam.
The LPG storage project by Yen Hung Petrochemical Joint Stock Company (YHP) is located at the Bac Tien Phong Industrial Park, Tien Phong Commune, Quang Yen Town, Quang Ninh Province. The project includes a system of two cold LPG storage tanks (capacity of 160,000m³), two pressurized LPG storage tanks (capacity of 16,400m³), a system of truck loading/unloading pipelines, a system for gas loading/unloading from a deep-water port for vessels up to 100,000 DWT, and auxiliary systems.
Attendees at the Signing Ceremony:
From the Investor side: Mr. Nguyen Hong Hiep, Chairman of the Board of Directors; Mr. Park Heungsoo, General Director of Yen Hung Petrochemical Joint Stock Company (YHP).
From the EPC Contractor Consortium: Mr. Iriya Hironobu, Chairman of TTCL Public Co., Ltd. & TTCL Vietnam Co., Ltd.; Mr. Wanchai Ratinthorn, Executive Director; Mr. Brett Lollback, Vice Chairman of TTCL Public Co., Ltd.; Ms. Bui Boi Hai, General Director of TTCL Vietnam Co., Ltd.; Mr. Ho Dac Tuan, Deputy General Director of TTCL Vietnam Co., Ltd.
At the ceremony, Mr. Nguyen Hong Hiep, representing the Investor, expressed his trust in the EPC contractor consortium and emphasized the need for the project to be executed with the highest determination to meet its schedule, quality, and safety standards. In response, Mr. Iriya Hironobu thanked Mr. Nguyen Hong Hiep and the leadership team of YHP for their trust, reaffirming the commitment to the project’s schedule, quality, and safety, and ensuring the project’s value and quality would meet the Investor’s requirements.
Immediately following the signing ceremony, the EPC contractor consortium will swiftly implement all necessary tasks, accelerating the project’s progress, and ensuring that all project requirements are met to deliver the highest value to the Investor.
