OREANDA-NEWS. July 11, 2011. PetroChina, China's top oil producer, has discussed with Petrolimex, Vietnam's largest oil product distributor, on a USD 212-million pipeline to be built for taking Chinese refined products to Vietnam, the Vietnamese firm said.

The pipeline would have an initial annual capacity of 10 million tonnes of petrol, diesel and other products, Hanoi-based Petrolimex said in a prospectus seen on Jul 11 and which is prepared for its initial public offering on Jul 28.