PETRONAS WILL BE INVEST TO CONSTRUCT A POWER PLANT IN VIET NAM
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Expectation, Petronas will be put the Power Plant at Phu My or other place, somewhere in Phan Thiet province. Petronas said, they will discuss with Ministry of Industry for this plan.
A leader in Petronas management said, he is very admire everything which BP corporation did, such as investment of Phu My Power Plant, to consume the quantity of gas developed, and Petronas is continuously following BP.
Petronas is approximate to develop half thousanfd million cubic meter of gas naturally at area No.1, offshore, South sea. In there, Petronas have 85% stocks and Petrovietnam have 15% stocks. Petronas will be process gas at the end od 2006 or 2007. At the same time, there are a power plant with capacity is 800 megawatt.
Reserve of natural gas in Viet nam is plentiful, which is not develop yet, but Viet nam have not enough power plant to process this gas source to become supply electricity.
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