KONTAN.CO.ID - TOKYO, March 29 (Reuters) - Japanese trading house Mitsui & Co 8031.T said on Friday it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 million. The project, 330 km (205 miles) off southwest Vietnam, will comprise a gas field and a pipeline linking it to a gas-fired thermal power plant. Mitsui is making the investment through its unit Mitsui Oil Exploration (MOECO).
Japan's Mitsui Decides to Develop Vietnam Gas Field for US$740 mln
KONTAN.CO.ID - TOKYO, March 29 (Reuters) - Japanese trading house Mitsui & Co 8031.T said on Friday it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 million. The project, 330 km (205 miles) off southwest Vietnam, will comprise a gas field and a pipeline linking it to a gas-fired thermal power plant. Mitsui is making the investment through its unit Mitsui Oil Exploration (MOECO).