JBIC considers funding PetrolVietnam’s $10bn gas project

In:

Traditional energy

Region:

Asia-Pacific

The Japan Bank for International Cooperation may fund the Block B&52/97 project of the Vietnam Oil and Gas Group (PetrolVietnam) using loans without a government guarantee. The project, worth nearly $10 billion, is one of the two largest gas projects in Vietnam. It aims to develop the Block B oilfield and build the Block B - O Mon gas pipeline, with a total length of 430km.

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