Business

Dung Quat Oil Refinery sees capacity raised

Deputy Prime Minister Hoang Trung Hai has given the nod on the Vietnam National Oil and Gas Group’s proposal of raising the Dung Quat Oil Refinery’s designed capacity.
Deputy Prime Minister Hoang Trung Hai has given the nod on the VietnamNational Oil and Gas Group’s proposal of raising the Dung Quat OilRefinery’s designed capacity.

Accordingly, the Dung Quat Oil Refinery’s designed annual capacity of6.5 million tonnes will be raised to 10 million tonnes, said Dang HongSon, Office Manager of the Binh Son Oil Refinery Company, which managesthe Dung Quat refinery.

With the current 6.5 million tonnecapacity, the 3 billion USD Dung Quat refinery can meet up to 30 percentof the needs for petroleum products in the country.

The plant isexpected to satisfy higher petroleum needs and shape up the first oilrefinery consortium once it runs with the expanded capacity.

Rollingout its first product on February 22, 2009, the Dung Quat refinery hasto date produced such items as LPG, Propylen, non-lead petrol, kerosene,petrol for planes, DO and FO./.
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