Arab Today, arab today russian group eyes vietnam\s oil refinery
Last Updated : GMT 15:16:41
Arab Today, arab today
Arab Today, arab today

Russian group eyes Vietnam\'s oil refinery

Arab Today, arab today

Arab Today, arab today Russian group eyes Vietnam\'s oil refinery

Hanoi - XINHUA

A Russian business delegation went on a fact-finding tour to Vietnam's central Binh Dinh province late last week to have a better look at the Nhon Hoi Oil Refinery Complex, which will be built in the locality, state-run Vietnam News Agency reported Monday. The report quoted Igor Soglayev, general director of Sarvors Company under the Russian Rosneft Oil and Gas Group who led the delegation, as saying that Rosneft had worked with the PTT Public Company Limited (PTT) of Thailand, the project's investor, to announce its intention to become one of PTT's strategic partners in the project. Rosneft is now one of the world's leading petroleum groups, with production capacity of 250 million tons of oil per year and annual profit of 2.8 billion U.S. dollars. The Russian official asked about the transparency of Nhon Hoi Economic Zone's investment incentives, infrastructure and working conditions. He said the project would need at least 25 billion dollars in investment capital and 20,00030,000 regular workers. Therefore, it would require basic and huge support from the Vietnamese government and the provincial authorities. The project should become operational in 2018. Soglayev also revealed that Rosneft President Igor Sechin would study more carefully about the project while accompanying Russian President Vladimir Putin on his forthcoming visit to Vietnam, scheduled for Nov. 12. According to PTT, the project will cost around 28 billion dollars and the PTT is calling for more investment partners to the project. PTT is trying to complete all study procedures to submit to relevant agencies in April 2014. Once completed and put into operation, the Nhon Hoi complex will be one of the largest oil refinery complexes in Asia, reported the news agency.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today russian group eyes vietnam\s oil refinery Arab Today, arab today russian group eyes vietnam\s oil refinery

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Russia, Iran ink economic deals

GMT 08:03 2017 Wednesday ,29 March

Russia, Iran ink economic deals
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Trump poised to roll back climate protections

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 11:55 2017 Wednesday ,29 March

Need ‘gymspiration?’ The top fun fitness bloggers

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 05:17 2017 Wednesday ,29 March

Samsung to sell refurbished Galaxy Note 7s

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday