Incentive mechanism for associated gas collection in small and marginal fields in Vietnam

  • Pham Kieu Quang
  • Tran Quoc Viet
  • Pham Thu Trang
DOI: https://doi.org/10.25073/petrovietnam%20journal.v9i0.296
Keywords: Collection, associated gas, incentive mechanism

Abstract

Flaring is a means of disposal of associated gas in many countries in the world, which is awaste of natural sources and severely affects the environment. The current policies and mechanism in Vietnam have not effectively encouraged oil and gas contractors to invest in associated gas collecting systems, especially in small and marginal fields. The article provides an overview of associated gas potential in Vietnam and proposes some possible policy mechanisms for associated gas collection in small and marginal fields.

References

1. M.F.Farina. Flare gas reduction: Recent global trends and policy considerations. GE Energy. 2011.
2. Patrick C.Miller. North Dakota adopts tough new restrictions on gas flaring. The Bakken Magazine. 2014.
3. Federal Government Gazette. Petroleum (Income tax) (Accelerated capital allowances) (Marginal field) Rules 2013. Attorney General’s Chambers. 2013.
4. Yinka Omorogbe. Fiscal regimes. 2005.
Published
2016-09-30
How to Cite
Pham Kieu Quang, Tran Quoc Viet, & Pham Thu Trang. (2016). Incentive mechanism for associated gas collection in small and marginal fields in Vietnam. Petrovietnam Journal, 9, 46 - 51. https://doi.org/10.25073/petrovietnam journal.v9i0.296
Issue
Vol 9 (2016)
Section
Articles

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