• The Phu My 3 consortium, consisting of Statoil, BP Amoco, Tomen and Mitsui, has selected Siemens as EPC contractor. Phu My 3 is Vietnam’s largest privately owned power project, valued at $300 million. The power plant, located 70 km south east of Ho Chi Minh City, will have a capacity of 700 MWe, and will be fuelled by indigenous gas from the Nam Con Son gas project.