Connecting intelligence with intelligence

×
Advertisement

Jan 17 2012

* PetroVietnam: Qatar Petroleum To Supply Propane, Naphtha For Vietnam Plant

Tuesday, Jan 17, 2012

(MORE TO FOLLOW) Dow Jones Newswires

17-01-12 0855GMT

PetroVietnam: Qatar Petroleum To Supply Propane, Naphtha For Vietnam Plant

Tuesday, Jan 17, 2012

HANOI (Dow Jones)-- Qatar Petroleum International will supply propane and naphtha for a Vietnamese petrochemical plant it will invest in, state-run PetroVietnam said Tuesday.

The company Monday signed an agreement with PetroVietnam for a 25% stake in the $4 billion Long Son plant, during a visit by Qatar's Emir Sheikh Hamad bin Khalifa al-Thani.

The plant is to be built in the southern province of Ba Ria Vung Tau, PetroVietnam said in a statement.

PetroVietnam, Vietnam National Chemical Corp. and Thailand's SCG Chemicals and TPC are the other investors.

Construction is scheduled to start in 2012, state media said Monday, citing PetroVietnam.

-By Vu Trong Khanh; Dow Jones Newswires; +84986129595, trong-khanh.vu@dowjones.com

(END) Dow Jones Newswires

17-01-12 0858GMT

Post Your Comment

Sending ...

Copyright © 2012 Zawya Ltd. All rights reserved.

provided by  www.zawya.com

Send This Article To Your Friends

All fields are required.

Use commas for multiple email addresses

We'll use your email address to send the article on your behalf and it will not be collected or used for any other purposes.

X