Dung Quat oil refinery set to produce 6 mln tonnes of products
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 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./.
You should also see
Tourism sector serves 13 million domestic tourists in January
The Vietnamese tourism industry served 13 million domestic tourists in January, according to the Vietnam National Administration of Tourism under the Ministry of Culture, Sports and Tourism.
See more
Business
Vietnam attracts 1.69 billion USD in foreign investment in January
Vietnam lured 1.69 billion USD worth of foreign investment in the first month of 2023, down 19.8% year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Business
Border trade up in Lao Cai province
The northern province of Lao Cai has recorded vibrant import and export activities via border gates with China in January, posting 49.5 million USD in turnover from January 1 - 29.
Business
Newly-established businesses drop nearly 17% in January
There were 10,800 newly-registered enterprises with total registered capital of 99.1 trillion VND (4.22 million USD) in January 2023, representing respective decreases of 16.6% and 48.5% over the same period last year.
Business
First trading session of HCM Stock Exchange opens following Tet holiday
The Ho Chi Minh Stock Exchange (HOSE) began its first trading session following the Tet (Lunar New Year) holiday with a gong-beating ceremony on January 31.
Business
Mong Cai international border gate busy after Tet holiday
Import-export activities at the Mong Cai International Border Gate have turned busy as the border gate reopened on January 28 after 7-day closure for Lunar New Year (Tet) celebration.
