SCG has signed loan agreements worth over 3.2 billion USD with six banks in Thailand to fund the construction of Vietnam’s first fully integrated petrochemical complex, Long Son Petrochemicals Company Limited.
Thailand’s SCG Group wants entire stake of the Vietnam Oil and Gas Group (PetroVietnam) to own 100 percent of the Long Son Petrochemicals (LSP) Complex in the southern province of Ba Ria-Vung Tau.
PetroVietnam and the Long Son Petrochemical Complex (LSP) signed a joint venture contract and a capital transfer contract between LSP’s foreign partners – Qatar’s Petroleum International Vietnam and Siam Cement Group of Thailand.
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