International Business News: TOKYO: Japanese trading house Mitsui & Co said on Friday it has reached a final investment decision to develop Vietnam's Block B gas field, with its s.
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.