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Dung Quat oil refinery resumes full-capacity operation

The Dung Quat Oil Refinery in central Quang Ngai province has resumed operation at full capacity after the second major maintenance that last 56 days.
The Dung Quat Oil Refinery in central Quang Ngai province has resumedoperation at full capacity after the second major maintenance that last56 days.

Nguyen Hoai Giang, General Directorof Binh Son Refining and Petrochemical Company (BSR), which is incharge of Dung Quat, said on July 14 that about 4,000 experts, engineersand workers, including 400 foreigners, were involved in the overhaul.

Several major technical flaws were fixed during theprocess, and the single-point mooring (SPM) at the refinery wasupgraded, allowing it to receive oil tankers of up to 150,000 tonnes.Previously it could only accommodate 100,000-tonne tankers.

From now to the end of this year, the refinery plans to produce about2.6 million tonnes of products, contributing 12 trillion VND (564million USD) to the State budget.

Put intocommercial operation since 2010, the refinery has turned out more than26 million tonnes of oil, petrol and gas products so far, meeting 30percent of demand for petrol nationwide.

In 2013, it produced 6.6 million tonnes of products, 17 percent higherthan its set target, and gained over 154 trillion VND (7.3 billion USD)in revenue and 2.9 trillion VND (138 million USD) in profit. It alsocontributed 28.4 trillion VND (1.3 billion USD) to the State budget.-VNA
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