651tr dong set for oil and gas distribution and production

Ministry of Industry and Trade (MoIT) has recently issued a decision approving the development plan of oil and gas distribution and production system for the period 2010-2020 and orientation to 2025.

The decision noted that the state economy still remains a key role in the production and distribution of petroleum, of which, it encourages the positive participation of other economic sectors in the field of production, processing, services, transportation and distribution of petroleum products.

Also according to this decision, the total investment needs for the petroleum distribution and production system will be 651.523 trillion dong. – Vietbiz24

Tags: Vietnam oil and gas industry

Posted by VBN on Jun 3 2011. Filed under Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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