Mtgas Joint Stock Company (Cong Ty Co Phan Mtgas) (Vietnam)

MTGas is a company located in Long An, Vietnam. It was established in 2001 by 7 members from different fields and started operating under license number 5003000179 from the Long An Department of Planning and Investment. MTGas is primarily engaged in the business of liquefied petroleum gas (LPG) and related services. By the end of 2001, the company had established a storage facility for liquefied gas and a port system capable of receiving 5000 DWT vessels in Ben Luc, Long An province. In 2007, MTGas was converted into a joint-stock company with a registered capital of 50 billion VND. It is now a leading LPG distributor in Vietnam, mainly serving customers in the southern region. The company transports LPG to industrial customers using tank trucks and supplies it in cylinders for household and commercial use. The current storage capacity of the port facility is over 1,320 tons. MTGas has also expanded its business into real estate and industrial park investment projects. It has collaborated with Thai Son Construction Company to build an office building for lease in Tan Binh, Ho Chi Minh City. Additionally, MTGas participated in the construction of the Phuoc Dong Industrial Park, covering an area of 143 hectares in Long An. To further develop its position as a leading gas business company, MTGas collaborated with Marubeni Corporation (Japan) and PV Gas South to participate in the largest LPG and LNG storage project in Vietnam, with a capacity of 40,000 tons of LPG and 1,000,000 tons of LNG. MTGas is also involved in other projects, such as a petroleum storage facility with a capacity of 1.5 million liters in collaboration with PDC. The company is also undertaking the development of a 180-hectare industrial park and a resettlement urban area in Long An. In summary, MTGas is a company based in Long An, Vietnam, specializing in the distribution of LPG and related services. It has established a storage facility and port system for liquefied gas and has expanded its business into real estate and industrial park investments.