Monday, October 22, 2007

PetroVietnam allocates US$6 bln for second refinery and petrochemical compl...

The VietNam Oil and Gas Group (PetroVietnam) has allocated US$6 bln for the construction of a second refinery and petrochemical complex in Tinh Gia District of Thanh Hoa Province. PetroVietnam's contribution for the project will be approximately US$1.8 - 2 bln, viz 30% of the combined capital needed to build the complex.

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