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Wed, 17 March 2010
An international consortium has been founded to develop and operate the $US1 billion Block B – Omon gas pipeline project.
The consortium consists of PetroVietnam Gas Corporation, Mitsui Oil Exploration Company of Japan, Thai PTT Exploration and Production Public Company and American firm Chevron.
The 400 km Block B – Omon pipeline will deliver 18.3 MMcm/d of natural gas from Block B, which is located in an offshore basin about 140 km southwest of Ca Mau province, to the O Mon Power Complex in the Mekong Delta city of Can Tho.
PetroVietnam holds the controlling stake of 51 per cent in the project.
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