Gazprom Neft, the oil arm of Russia''s Gazprom, has ended talks with the
Viet Nam Oil and Gas Group (PetroVietnam) to buy a 49 per cent stake in
Dung Quat refinery.
Negotiations under which PetroVietnam will sell a 49 per cent stake in
the Dung Quat refinery, the country''s sole oil processing facility, to
the Russian oil company Gazprom Neft are expected to be soon concluded.
The Russian oil and gas group, Gazprom Neft is set to acquire 49 per
cent stake in Binh Son Refining and Petrochemical Company (BSR), which
operates the Dung Quat refinery.