Nhon Hoi Refinery Added to Oil and Gas Development Plan
The Ministry of Industry and Trade recently asked the Prime Minister to add Nhon Hoi petrochemical and oil refining complex (Binh Dinh province), invested by PTT Public Company Limited of Thailand, to the Vietnam oil and gas industry development plan until 2015, with a vision to 2025.
The ministry announced that PTT will keep 40-45 percent of stake, Saudi Aramco of Saudi Arabia will hold 40-45 percent of interests, and Vietnam’s partners will contribute 15-20 percent. Earlier, the Binh Dinh Provincial People's Committee asked Petrolimex Corporation to join the project.
Kien Trung
Vietnamese
