News
14 March 2018
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.
