Dung Quat oil refinery set to produce 6 mln tonnes of products
06/01/2012 09:42 am

News - The Dung Quat Oil Refinery in the central province of Quang Nam plans to turn out and sell around 6 million tonnes of products this year.
The country’s first oil refinery has set to earn more than 108 trillion VND in revenues and contribute over 15 trillion VND to the state budget.
Since the refinery’s overall maintenance in mid Sept. 2011, the refinery has run at its full capacity. Last year, it produced almost 5.5 million tonnes of petroleum products and sold more than 5.4 million tonnes of products for almost 110 trillion VND.
Eight petroleum and gas products produced by the refinery have received ISO 9001-:2008 certificates from Norway-based Det Norrske Veritas (DNV), a leading international provider of risk management services.
The products include liquefied petroleum gas (LPG), propylene, unleaded petrol, Jet A1 fuel, kerosene and diesel oil.
The refinery’s developer, PetroVietnam, and its foreign partners are studying a possibility to raise the refinery’s yearly capacity to 10 million tonnes.
They plan an additional investment of 1 billion USD for the capacity expansion scheme, which is expected to be completed in 2016.
The country’s first oil refinery has set to earn more than 108 trillion VND in revenues and contribute over 15 trillion VND to the state budget.
Since the refinery’s overall maintenance in mid Sept. 2011, the refinery has run at its full capacity. Last year, it produced almost 5.5 million tonnes of petroleum products and sold more than 5.4 million tonnes of products for almost 110 trillion VND.
Eight petroleum and gas products produced by the refinery have received ISO 9001-:2008 certificates from Norway-based Det Norrske Veritas (DNV), a leading international provider of risk management services.
The products include liquefied petroleum gas (LPG), propylene, unleaded petrol, Jet A1 fuel, kerosene and diesel oil.
The refinery’s developer, PetroVietnam, and its foreign partners are studying a possibility to raise the refinery’s yearly capacity to 10 million tonnes.
They plan an additional investment of 1 billion USD for the capacity expansion scheme, which is expected to be completed in 2016.
Source: Vietnam Plus
.:: Other news
• Dung Quat refinery temporarily closes for maintenance (18/05/2012)
• US favours Vietnamese produce (27/04/2012)
• Formosa Steel lifts investment to $22b in cast iron refinery (25/04/2012)
• PM Dung asks for tighter control of golf course plans (24/04/2012)
• US increases import of Vietnam’s farm produce (23/04/2012)
• Dung Quat economic zone needs 7.5tr dong for infrastructure development till 2015 (19/04/2012)
• Vietnam refinery needs $2 bln investment to up capacity: report (17/04/2012)
• Blue Diamond Technologies expresses wish to produce ethanol (10/04/2012)
• Japan steel maker eyes giant steelworks in Dung Quat (06/04/2012)
• PM Dung welcomes RoK investors to Vietnam (02/04/2012)
• US favours Vietnamese produce (27/04/2012)
• Formosa Steel lifts investment to $22b in cast iron refinery (25/04/2012)
• PM Dung asks for tighter control of golf course plans (24/04/2012)
• US increases import of Vietnam’s farm produce (23/04/2012)
• Dung Quat economic zone needs 7.5tr dong for infrastructure development till 2015 (19/04/2012)
• Vietnam refinery needs $2 bln investment to up capacity: report (17/04/2012)
• Blue Diamond Technologies expresses wish to produce ethanol (10/04/2012)
• Japan steel maker eyes giant steelworks in Dung Quat (06/04/2012)
• PM Dung welcomes RoK investors to Vietnam (02/04/2012)
