The Binh Son Refinery and Petrochemical Company, the operator of the Dung Quat Oil Refinery, on Sept. 29 inked a credit contract worth 32 million USD with Quang Ngai branch of the Joint Stock Commercial Bank of Foreign Trade of Vietnam (Vietcombank).

The contract was reached in the central province of Quang Ngai , where the refinery is located, with the arrangement of the PetroVietnam Finance Joint Stock Corporation.

The loan will be used for the implementation of a 45 million USD project on adding crude oil pumps and two crude oil tanks in the refinery.

Once completed, the project will help to ensure stable operation of the refinery, partially meeting demands for energy of the market./.