Gazprom Neft due stake in Vietnam refinery

Gazprom Neft and Vietnam National Oil & Gas Group (PetroVietnam) have signed a framework agreement covering the Russian company’s proposed acquisition of a minority interest in the 130,000-b/d Dung Quat refinery and planned modernization and expansion.

Gazprom Neft is to acquire a 49% interest in Binh Son Refining & Petrochemical, which manages the refinery. The price is under negotiation.

The modernization project will increase capacity of the refinery to 200,000-240,000 b/d.

Related Articles

Contract let for Canadian bitumen refinery

10/28/2014 North West Redwater Partnership (NWR) has let a contract to Jacobs Engineering Group Inc. for additional work at NWR’s greenfield bitumen refinery ...

Pemex inks power supply deals for two refineries

10/28/2014 Mexico’s Petroleos Mexicanos (Pemex) has entered into agreements with international firms to jointly develop $1.4 billion in electric power cogener...

Sasol takes FID on Louisiana petrochemical complex

10/27/2014 Sasol Ltd. has reached a final investment decision (FID) for its proposed integrated ethane cracker and downstream derivatives complex to built adj...

Williams Partners, Access Midstream Partners to merge

10/27/2014 Williams Partners LP and Access Midstream Partners LP, both owned by Williams Cos., Tulsa, have agreed to merge. Williams in June purchased the rem...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected