VIETNAM PRESS-PetroVietNam Gas borrows $280 mln for pipeline project - Tuoi Tre

Tue Jul 1, 2014 10:20pm EDT

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Vietnam's leading gas company PetroVietNam Gas on Tuesday signed a $280-million credit contract with 11 foreign banks, including Cathay United Bank Co, to fund its gas pipeline project, the Tuoi Tre (Youth) newspaper reports.

The pipeline project will provide gas for the South-East region of Vietnam, the report said.

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Hanoi Newsroom; Editing by Anupama Dwivedi)

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