TNK – BP, th third largest oil and gas company in Russia has intented to expand investment in Vietnam, after receiving the transfer of assets from BP Group (UK).
To implement this plan, TNK – BP is currently paticipating in the bidding round the blocks offshore in Vietnam held by Petro Vietnam in late 2011. In addition, TNK - BP has also participated in the auction ConocoPhillips’ assets (USA) in Vietnam, estimated to USD1.5 billion.
The TNK - BP owns 35% stakes and is operating the offshore natural gas fields at block 06.1, including the Lan Tay and Lan Do fields; It also owns 32.67% stakes of Nam Con Son gas pipeline and Dinh Co gas processing station. In addition, TNK - BP may own 33.3% stake at Phu My 3 power plant if the government and lenders approve loans for it.
Source: Xangdau.net
