Phu Quoc terminal first phase seen ready by Q3 2018

摘要

Dubai—The first phase of a 300,000 cu m capacity oil storage facility at Phu Quoc Island, offshore southern Vietnam, should be completed by Q3 2018, with two subsequent phases completing by the end of 2019 and after 2020, project partner Baron Point Petroleum Services’ CEO told SP Global Platts. Baron Point, a privately held project development and trading company based in the UAE, announced over the weekend that it had formed a joint venture with state-owned PetroVietnam to finance, build and operate the storage facility.