Gov’t approves $1bln imported gas docks

The Prime Minister has approved a project on building a system of gas import docks at Ham Tan district in the central province of Binh Thuan , according to Do Khang Ninh, general director of PetroVietnam Gas (PV Gas).

Accordingly, the docks will include a port where ships go to have gas put on or taken off them and buildings used for storing gas. The docks project has a total investment of more than $1 billion.

As scheduled, once completed and put into operation, the docks will be capable of receiving about 2-3 million tonnes of imported gas per year.

The project planning will be accomplished by PV Gas later this year. The construction was expected to be started by 2012. – VIR

Tags: ,

Posted by VBN on Aug 18 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

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS Singapore Business News

  • Sansiri to develop condo project in Phuket
  • Singapore shares end up 0.4%
  • NRF to expand Technology Incubation Scheme
  • Keppel Land wins big for sustainability
  • TT International posts smaller net loss of $2.3m
  • Beyonics Technology Ayutthaya unit halts operations due to flooding

RSS India Business News

  • Copper recovers on industrial demand
  • Gold recovers by Rs 110 on festive demand;silver down by Rs 300
  • Gold futures gain 0.24 pc on global cues
  • Silver futures up on higher global cues
  • Sensex puts up best weekly show in 6 weeks
  • Sensex at 4-week closing high; gold recovers on buying by stockists

RSS Malaysia Business News

  • KL higher on eurozone hopes
  • Benalec stages a technical rebound
  • Ringgit falls against US dollar
  • Palm futures dip on profit taking avtivities
  • Think analytics, IBM tells insurers
  • Khazanah issues renminbi sukuk

Sponsored

  • Looking for an overseas forex broker?
  • Trading Point now offering Forex Malaysia and FX Japan with Forex, CFD's and Futures.