3 CONDITIONS FOR GAS TRADERS
According to the Decree No. 87/2018/ND-CP on gas business, every gas seller and purchaser must fully meet these following requirements:
- Be a trader in accordance with provisions of laws;
- Own gas tanks meeting safety requirements or liquefied petroleum gas (hereinafter referred to as LPG) bottles eligible for circulation on the market or enter into a contract of tank or LPG bottle lease;
- Satisfy all requirements for fire preventing and fire extinguishing in accordance with provisions of laws.
Gas sellers and purchasers using gas pipelines must not only meet 03 above requirements but also own gas pipelines and gas distribution stations which satisfy all conditions of safety, fire preventing and fire extinguishing.
With regards to liquefied natural gas (hereinafter referred to as LNG) sellers and purchasers, must not only meet 03 above requirements but also own a LNG distribution station or LNG filling station which satisfies all requirements for safety, fire preventing and fire extinguishing.
This Decree is issued on June 15, 2018 by the Government and takes effect on August 01, 2018.
