Qatar to supply oil products to Vietnam in 15 years

Created 01 May 2018
  • PDF
Editor Choice
(0 votes, average 0 out of 5)

The 15-year agreement marks Qatar’s first long-term contract to sell LPG and naphtha directly to Vietnam.


Qatar Petroleum (QP) said on Sunday it has signed an agreement to supply Vietnam with up to 2 million tons per year of LPG and naphtha.

It signed the 15-year agreement with Long Son Petrochemicals Company Limited, a subsidiary of The Siam Cement Public Company Limited, QP said in a statement.

“The agreement will commence with the start of Vietnam’s first green-field petrochemical complex, which is being constructed on Long Son Island,” QP said, adding the facility is expected to start production in 2022.

It marks Qatar’s first long-term contract to sell LPG and naphtha directly to Vietnam, said QP CEO Saad al-Kaabi said in the statement. 


Source: VNE

Maybe You Also Interesting :

» China, SE Asia to hold maritime drill to ease tensions

China and Southeast Asian states will hold their first joint maritime exercises next week, officials said Friday, in a move aimed at easing tensions but which...

» Weekly roundup: Development plans, expat income, October tips and more

Revisit the week with top stories compiled by VnExpress International's editors.

» At least 59 killed as train hits crowd in northern India

A commuter train traveling at high speed ran through a crowd of people on the rail tracks in northern India killing at least 59 people on Friday.

Popular News Categories:

- Asia & Asean  |  EU & Russia  |  America

- Facts  |  Urban  |  Faculty  |  Environment

- Business  |  Finance  |  Market Health

- Destination  |  Cuisine  |  Arts Music

- Cinema  |  Soccer  |  Sports  |  IT & Internet