PetroVietnam Sees Exxon Pact by 2015 in $10 Billion Project
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Vietnam Oil & Gas Group Chief Executive Do Van Hau said the company may reach an agreement by next year with Exxon Mobil Corp. on a $10 billion natural gas and power project, the country’s biggest of its kind.
Vietnam’s plans to develop its natural gas fields, estimated to be the fourth-largest in East Asia, received a boost from Exxon’s gas discovery off the coast in 2012, which Hau described last year as “huge.”