PetroVietnam subsidiary signs MoU with Argentina's group
04-SEP-2008 Intellasia | Kinh Te Vietnam & The Gioi page 1
Sep 4, 2008 - 7:00:00 AM
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PetroVietnam's subsidiary, PetroVietnam Power Corp recently signed a Memorandum of Understanding (MoU) with Argentina-based IMPSA Group, one of the country's leading manufacturers of hydroelectricity and wind-fuelled equipments.
Under it, the two signatories will jointly carry out the wind power project in the central province of Binh Thuan and a study for building other offshore factories to supply electricity to Vietnam's islands.
For long-term, the two partners will cooperate to invest in Argentina or another country. In addition, IMPSA Group also pledged to help PetroVietnam join oil exploitation and exploratory projects in Argentina.
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