A group of Vietnamese banks led by Vietinbank and PetroVietnam Finance Corporation will loan $227m to PVKEEZ for the conversion of a floating, production, storage and offloading (FPSO) project.
The loan will enable PVKEEZ to revamp its FPSO unit of the Chim Sao oilfield offshore.
Go deeper with GlobalData
The fund will have a six-year utilisation period and a two-year grace period.
This is the first overseas loan in Vietnam approved by the State Bank of Vietnam under current Vietnamese regulations on credit institutions and foreign exchange control.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
