PetroVietnam looks to Japan for 9 projects
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State-run oil and gas giant PetroVietnam (PVN) Friday organized a conference exclusively targeting Japanese investors in a bid to call for investment flow from the country for nine of its key projects.
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Attendants include 130 investors from Japanese major enterprises such as Mitsui Oil Exploration, Bank of Tokyo, and Mitsubishi Heavy Industries, who were told by PVN that there are as many as eight projects where they can buy a huge 49 percent stake.
The projects include a liquefied natural gas storage facility, a gas-fueled thermal-power plant, two coal-fueled thermal-power plants, two seaports, and a hydropower plant.
On the same day, PVN also announced its PVN-Index, which was created in a bid to fully publicize its operational and financial situation.
The index has been approved by the State Security Commission of Vietnam.