Business

First crude imports feed VN’s first oil refinery

A crude oil tanker from Azerbaijan arrived at Viet Thanh bay on August 11 to supply raw materials for the Dung Quat oil refinery in the central province of Quang Ngai.
A crude oil tanker from Azerbaijan arrived at Viet Thanh bay onAugust 11 to supply raw materials for the Dung Quat oil refinery in thecentral province of Quang Ngai.

It is thefirst shipment under a deal signed by the Vietnam Oil and Gas Group(PetroVietnam) with the SOCAR Company of Azerbaijan and the BPGroup.

Under the deal, SOCAR will supply Dung Quatrefinery with 65,000 cu. m. of crude oil by mid-August and BP, another65.000 cu.m. by late August.

Crude imports will beblended with crude pumped from the Bach Ho oil field in southernVietnam's waters for cheaper inputs and better outputs./.
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