OPERATIONS

Marubeni and Tokyo Gas to boost Vietnam's energy security

JAPANESE oil and gas company Tokyo Gas and integrated trading house Marubeni will build a nearly US$2 billion LNG-to-power project in Vietnam.

paul hunt

Ha Long Bay, Vietnam.

Tokyo Gas and Marubeni signed a memorandum of understanding with state-owned PetroVietnam Power to build the project, which is valued at about $1.93 billion. The plant will have a capacity of 1500...

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