PVEP Discovers Northern Vietnam's Largest Gas Field

According to Dow Jones Newswires, PetroVietnam Exploration Production Co. (PVEP) said Monday that it discovered the largest gas field, Hac Long, offshore northern Vietnam.

PVEP confirmed that tests conducted by the company and Petronas Carigali Sdn Bhd. indicated that the Hac Long field flowed gas at 400,000 cubic meters per day.

PVEP's Chairman, Tran Duc Chinh, said, "This gas field has the largest output in northern Vietnam," adding that the Hac Long project is one of the unit's 38 projects.