Hanoi (ANTARA News/Asia Pulse) - A multinational private oil and gas consortium (SAONAM PETRO), the first of its kind in Vietnam, made its debut in Hanoi on March 16.

SAONAM PETRO groups high-profile financial and technological foreign groups working in the oil and gas industry, including Daewoo Shipbuilding & Marine Engineering (DSME) (KSE:42660) of South Korea, AGR of Norway, and Longbeach Oil and Otto Energy (ASX:OEL) of Australia.

The consortium plans to invest in infrastructure for the energy sector in Vietnam, including a system of storage facilities, infrastructure for a trans-national gas pipeline, and a network of central gas storage facilities and stations in service of industrial zones and new urban areas.


Source:
Business in Asia Today - March.18, 2010
published by Asia Pulse

Editor: Ricka

COPYRIGHT © 2010

Comment
Send Comment