Petrolimex, Petrochina in talks over $212 mln pipeline

Petrolimex, Vietnam’s largest oil product distributor, has discussed with China’s top oil producer, PetroChina , a $212 million project to build a pipeline for taking Chinese refined products to Vietnam, the Vietnamese firm said.

Petrolimex, Vietnam’s largest oil product distributor, has discussed with China’s top oil producer, PetroChina , a $212 million project to build a pipeline for taking Chinese refined products to Vietnam, the Vietnamese firm said.

The pipeline would have an initial annual capacity of 10 million tonnes of petrol, diesel and other products, Hanoi-based Petrolimex said in a prospectus seen on Monday and which is prepared for its initial public offering on July 28 – Reuters

Tags: Petrochina, Petrolimex

Posted by VBN on Jul 11 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