Japanese Idemitsu Kosan Company Ltd has recently commenced commercial operation at a newly constructed plant in the central province of Bình Định Province to produce black pellets, a type of biomass fuel.
The Malaysia Vietnam Offshore Terminal (MVOT), a joint venture between PetroVietnam Technical Services Corp and Malaysia’s MIBS Bhd, has won a US$176 million contract to provide equipment for Idemitsu Kosan to develop the Sao Vang-Dai Nguyet gas project.