The Dung Quat Oil Refinery in the central province of Quang Ngai is running effectively, helping ensure national energy security, a conference was told on Oct. 18.

A report presented by Minister of Industry and Trade Vu Huy Hoang at the event showed that the plant now can meet about 30 percent of the domestic demand for petroleum and that it has created a breakthrough in economic development in Quang Ngai, helping boost economic growth in the central region and the country.

Dung Quat Oil Refinery started its operation in February 2009, becoming the first petrochemical complex in Vietnam .

In a draft report on the implementation of the National Assembly resolution on the first refinery, the NA’s Committee on Science, Technology and Environment proposed the NA to recognise the completion of the project at its upcoming 8th session.

The committee also proposed that the Government map out plans to raise the refinery’s capacity in order to develop the petrochemical industry in conformity with the schemes to develop the Dung Quat Industrial Zone and the central economy./.