A Korean consortium of eight companies will invest US$300 million to produce natural gas in an offshore field in Vietnam’s Nam Con Son basin. The Korean National Oil Corporation (KNOC)-led group signed the deal with state PetroVietnam last week to produce 130 million standard cubic feet/day of gas from Block 11-2 from 2005. The field…
VIETNAM: Koreans to invest $300 m in gas project
Posted on December 30, 2002 by EnergyAsia