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Thai Oil to invest in petroleum market in Vietnam

Thai Oil, a member of Thailand’s PTT petrolium Corporation has conducted the study on investment capacity in the Southeast Asia market, especially Myanmar, Indonesia, Vietnam and Cambodia.

Managing Director of Thai Oil, Mr Surong Bulakul said that Thai Oil will focus on investing in oil refinery in aforementioned countries

Beside the prospective Myanmar market, Thai Oil is interesting in to Vietnam’s oil refinery industry.

Thai Oil is going to pump capital in oil refineries, gas and oil pipeline system, gas separation and petrochemical processing plants. As a part of the $1 billion investment plan for next 5 years.

Source: Xangdau.net