Kuwait’s oil minister said plans were on track to build a joint refining and petrochemical project at Vietnam’s second-largest refinery and start its operation in early 2014, state news agency KUNA reported on Friday. PetroVietnam has been developing the 200,000 barrel per day (bpd) refinery in Nghi Son, 215 km (134 miles) south of Hanoi, [...]
Kuwait intends to keep its 35.1 percent stake in Vietnam’s second refinery, planned to be ready in 2014, the middle eastern country’s oil minister said. “We got assurance today that the government is serious about giving us all the necessary agreements or approvals,†Sheikh Ahmad al-Abdullah al-Sabah said today in the Vietnamese capital Hanoi. “Once [...]
Russia’s No. 3 oil firm TNK-BP (TNBPI.RTS) would like to buy a 35% stake in a BP gas deposit in Vietnam known as Block 06-1, TNK-BP CEO Maxim Barsky said on Wednesday. Russia’s No. 3 oil firm TNK-BP (TNBPI.RTS) would like to buy a 35% stake in a BP gas deposit in Vietnam known as [...]
“The upcoming visit by Kuwaiti Oil Minister Sheikh Ahmad Abdullah Al-Sabah demonstrates the desire of Kuwait in strengthening the cooperation with Vietnam, especially in the oil field,” Kuwait’s envoy in Vietnam said on Sunday. “Nghi Son Oil Refinery and Petrochemicals Ltd. Company was a very promising start for the cooperation in the field of oil [...]
“The project could be behind schedule for some months because bidders for an EPC contract have required an extension to finish bidding documents†The legal representative of a $6.2 billion oil refinery in Vietnam last week denied rumours project partner Idemitsu Kosan was getting cold feet. Foreign media last week quoted the Japanese company’s spokeswoman [...]
State oil and gas group Petrovietnam will delay announcing the winner of a tender to build the 200,000-bpd Nghi Son refinery until December, the official Vietnam News Agency said in a report. State oil and gas group Petrovietnam will delay announcing the winner of a tender to build the 200,000-bpd Nghi Son refinery until December, [...]
Subscribe via Email 
Subscribe in a Reader 
Follow us on Twitter 
Connect on Facebook
China Business News