Petrovietnam to close two big-ticket loans next year

In:

Oil & gas

Region:

Asia-Pacific

By Max Thompson

Petrovietnam is expected to close two mega facilities next year: a $1.3 billion SACE and K-SURE/Kexim-backed loan to finance an LNG project due to reach commercial operation in 2024; and a $1 billion US dollar-denominated loan it raised to finance the expansion of an oil refinery expansion.

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