Thailand increases spot LNG procurement at start of 2024 amid hot weather | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Tokyo-headquartered Mitsui & Co. has finalized an investment decision to develop a gas field 330 kilometers off Vietnam’s southern coast, with its share of development costs estimated at $740 million.
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.