PTT invest $28.7 billion in Vietnam oil refinery

PTT to invest $28.7 billion in Vietnam oil refinery

5:42 AM, 26th November 2012
PTT to invest $28.7 billion in Vietnam oil refinery

BANGKOK, THAILAND: PTT Plc is studying the possibility of building a 660,000 barrel a day oil refinery in central Vietnam. According to a pre-feasibility study by the company, the refinery is slated to be built in the Nhon Hoi Economic Zone in Binh Dinh province. PTT plan to build the plant at an estimated cost of $28.7 billion, said Sukrit Surabotsopon, Senior Executive Vice President for Petrochemical and Refining. The project seeks approval from governments of Vietnam and Thailand.

© Dow Jones News

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