Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Companies / Vietnam

Best Placed For Growth

December 2006 | Company Spotlight

BP has led the new IOC charge into Vietnam, benefiting from the absence of US companies since the Vietnam War and putting its emphasis on gas, rather than oil. The company's integrated gas-to-power project is proceeding well and should become a useful contributor to the group, as well as providing a strong strategic base for further expansion in Vietnam. Should the country's gas network ultimately be linked with those of neighbouring countries as a form of regional hub, BP will be in a good position to

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