Vietnam

Vietnam

MOECO has made a final investment decision and concluded related contracts together with its business partners regarding an integrated development project ("Block B Project") encompassing an upstream gas field and a pipeline linking it to a gas-fired thermal power plant complex, on March 28, 2024. This project is composed of the upstream project such as gas development, the midstream project such as pipeline transportation, the downstream project and gas fired power generation, and promoted as the integrated project. MOECO takes part in the upstream and the midstream projects and will proceed with development works towards achieving the goal of starting production.

Company	MOECO Vietnam Petroleum Co., Ltd.
Contract	PSC
Status	Preparation for development
Project Interest	・Vietnam Oil and Gas Group (Petrovietnam) * 42.38% ・MOECO Vietnam Petroleum Co., Ltd. 25.62% ・PetroVietnam Exploration Production Corporation 23.50% ・PTTEP Kim Long Vietnam Co., Ltd. 　8.50%

(* Operator)

Company	MOECO Southwest Vietnam Petroleum Co., Ltd.
Contract	PSC
Status	Preparation for development
Project Interest	・Vietnam Oil and Gas Group (Petrovietnam) * 43.4% ・PetroVietnam Exploration Production Corporation 30.0% ・MOECO Southwest Vietnam Petroleum Co., Ltd. 19.6% ・PTTEP Southwest Vietnam Co., Ltd. 7.0%

(* Operator)

Company	MOECO Southwest Vietnam Pipeline B.V.
Status	Preparation for construction
Project Interest	・PetroVietnam Gas Joint Stock Corporation 51.000％ ・Vietnam Oil and Gas Group (Petrovietnam) * 28.699％ ・MOECO Southwest Vietnam Pipeline B.V. 15.118％ ・PTTEP Southwest Vietnam Pipeline Company Limited 　5.183％

(* Operator)