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 boat race near Paracels a serious violation of Vietnam’s sovereignty

Vietnam has denounced a recent sailboat race held by China off the Hoang Sa Archipelago as a serious violation of its sovereignty.

» Don’t dismantle, preserve parts of historic rail bridge: Saigon culture department

Some parts of the Binh Loi railway bridge built by the French in 1902 should be preserved, HCMC’s culture department proposes.

» Online liquor sales to go ahead in Vietnam

Vietnam has removed a proposed decree to prohibit online liquor sales, accepting that it goes against international trends.

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