Japan s Mitsui to develop Vietnam gas field for US$740 million, ASEAN Business businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
The project, 330 km (205 miles) off southwest Vietnam, will comprise a gas field and a pipeline linking it to a gas-fired thermal power plant. Mitsui is making the investment through its unit Mitsui Oil Exploration (MOECO). Its partners are state oil and gas group Vietnam Oil and Gas Group (PVN), PetroVietnam Exploration Production Corp, PetroVietnam Gas Joint Stock Corp and Thailand s PTT Exploration and Production Public Company.
Japanese trading house Mitsui & Co said it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 MM.
Mitsui to Develop Vietnam Gas Field for $740 aogdigital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aogdigital.com Daily Mail and Mail on Sunday newspapers.