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Vietnam refinery EPC deal signed in Dec - KPI chief  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 17/12/2012

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(MENAFN - Kuwait News Agency (KUNA)) Chairman and Managing Director of Kuwait Petroleum International (KPI/Q8) Hussain Ismail expects the deal for engineering, procurement and construction (EPC) for a refinery project in Vietnam to be signed within the current month of December.

Adequate funding of the Nghi Son refinery project worth USD 5.2 billion will be received from several international banks during the next four years, as talks are "ongoing with a number of local banks, whom have shown an interest," he added.

KPI, also referred to as Q8, has a 35 pct share in the multi-party owned project.

 






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