The Nam Con Son pipeline system (NCSP) is the longest in Vietnam, initiated in 2001 with participation from Vietnam Oil and Gas Group (Petrovietnam), BP, and Statoil. The project had a total investment of approximately $1.3 billion and has processed over 110 billion m³ of gas and 24 million barrels of condensate. NCSP stabilizes the energy demand for power plants and industries, transporting gas and condensate over 370 km. The current plant capacity is 22 million m³ of gas per day, the largest in the country. Nam Con Son Gas Pipeline Company (PV GAS NCSP) currently manages this system, while PV Gas holds the largest market share in the gas sector in Vietnam. In the first half of 2025, PV Gas recorded revenues of 55,756 billion VND and a net profit of 7,571 billion VND, marking strong growth.
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