Laos Petro to invest in bonded warehouse, oil pipeline

Laos Petro Join Stock Company plans to invest 200 million USD in a bonded warehouse and oil pipeline from Hon La of Quang Binh province to Khammouna province (Laos).
Laos Petro Join Stock Company plans to invest 200 million USD in abonded warehouse and oil pipeline from Hon La of Quang Binh province toKhammouna province (Laos).

Laos Petro Join Stock Company has proposed this investment plan to the Quang Binh provincial People's Committee of Vietnam.

Theproject includes the bonded warehouse, with a capacity of300,000-500,000 cubic metres, used for temporarily handling importedgasoline that will be re-exported to Laos, a jetty system to handle50,000 tonnes vessels, 300 kilometres long oil pipelines from Hon La toKhammouna province and the bonded warehouse in Khammouna province with acapacity of 200,000 cubic metres./.

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