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Vietnam: Oil and gas group strives to become spearhead economic sector.

Thai Press Reports

| January 31, 2007 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

(From Thai Press Reports)

Section: Regional News - Prime Minister Nguyen Tan Dung, on Jan. 29, handed over the decision on transforming Vietnam Oil and Gas Corporation into the National Oil and Gas Group, stressing that the business must be the spearhead industry of the country.

For the group's 2007 plan, the PM urged the executive committee to synchronously carry out exploration, exploitation and processing strategies in addition to distribution of oil and gas products and services across the country as well as abroad.

The group should continue expanding oil and gas exploitation and speeding up oil refinery projects, especially the Dung Quat oil …

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