GAS - Looking forward to new project breaking ground - AGM Note
  • 2019-04-09T19:25:13
  • Company Research
GAS’s AGM was held today. Shareholders raised questions about the progress of new projects, the Government’s stake divestment and Q1 results. GAS expects to break ground the Nam Con Son Phase 2 gas pipeline project (USD800mn, to be in line with progress of the Sao Vang-Dai Nguyet gas field) and the liquified natural gas (LNG) Thi Vai port (USD246mn) this year while still preparing for the Block B gas pipeline (USD600mn).