JXTG, Petrolimex join forces on Vitenamese LNG business study

JXTG, Petrolimex join forces on Vitenamese LNG business study
Image courtesy of JXTG

JXTG Nippon Oil and Energy Corporation (JXTG) inked a memorandum of understanding (MOU) with Vietnam National Petroleum Group (Petrolimex) to look into the development of LNG business in Vietnam.

The parties have agreed to carry out a feasibility study on the cooperative project for establishing LNG business in Vietnam.

JXTG has been seeking collaboration opportunities with Petrolimex as a strategic partner, the Japanese energy company said in a statement.

It started working-level discussions aimed at launching an LNG business project in Vietnam in March this year.

This joint project will contribute to the supply of energy in Vietnam where an increase in energy demand is anticipated along with economic growth.

JXTG will pursue a closer cooperative relationship with Petrolimex to develop new collaborative business opportunities in every possible business field.

Share this article

Follow LNG World News

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >