​Vietnam's second refinery ready for operation

The Nghi Son Oil Refinery and Petrochemical complex, the second of its kind in Vietnam, held a Ready for Start-up ceremony on Wednesday to celebrate the milestone of its readiness to receive shipment of crude oil for commercial production. The operational mechanisms in the US$9 billion facility, located in the north-central province of Thanh Hoa, are completely installed and will be ready to begin the production of the plant’s first commercial products, including Euro 5-standardized A95 petrol and diesel oil, in May, its operator announced at the ceremony.

​Vietnam’s second refinery ready for operation

By that point, Nghi Son, with a total annual production capacity of 10 million metric tons of petrochemicals, will have helped ensure national energy security and contributed approximately VND10 trillion ($436 million) to the local budget by the end of 2018. Nghi Son will process Kuwaiti crude oil to produce liquefied petroleum gas, gasoline, diesel, kerosene and jet fuel, mainly for the domestic market. Nghi Son Oil Refinery and Petrochemical officials are seen at the ceremony in Thanh Hoa Province, located in north-central Vietnam, on February 28, 2018. Photo: PetroVietnam Another strategic aspect of the project is its potential role in helping Vietnam meet the increasing demand for petrochemical products to serve the country’s industrialization and modernization, Turki Alajmi, general director of the complex, underlined at the ceremony. Built in the Nghi Son Economic Zone with a total investment of more than $9 billion, the complex is Vietnam’s largest national oil and gas project. The country’s first oil refinery, Dung Quat, was developed… [Read full story]

Dung Quat Oil Refinery ceased operations today (August 8), the second time this year, due to technical faults. Dung Quat Refinery halts operations for second time this year The information was confirmed by Nguyen Hoai Giang, General Director of Refining and Petrochemical Company (BSR), the refinery manager. Between early May and July, Dung Quat Oil Refinery was also shut down to resolve technical problems before being handed over to BSR by the end of this year. He added that, most of the technical faults had been tackled, except for a problem detected on August 5 at the catalysis cracking…... [read more]

PetroVietnam has named four state-owned domestic firms as likely investors in the country's second oil refinery as well as sealed a second crude oil supply deal with Swiss-based oil trader Glencore. A similar deal for a crude oil supply was agreed to last month with Trafigura. Should its dealing with domestic firms go through on this second refinery, the ownership stakes will break down to where PetroVietnam holds a majority 30-percent stake, and Petrolimex, Vietnam's biggest fuel retailer, will own 10 percent, Lao Dong quoted PetroVietnam Chairman Dinh La Thang as saying. Vietcombank and Agribank are each slated to acquire…... [read more]

Dung Quat Oil Refinery resumes operation Nguyen Ha By Nguyen Ha - The Saigon Times Daily danang – Dung Quat Oil Refinery in the central province of Quang Ngai has resumed operation at full capacity following the second overall maintenance that lasted 56 days. Nguyen Hoai Giang, general director of Binh Son Refining and Petrochemical Company (BSR), which operates the oil refinery, said over 400 experts, consultants and suppliers of technology and equipment fixed many technical errors. Particularly, they repaired and upgraded some parts of the residue fluid catalytic cracking (RFCC) workshop and the single-point mooring facility, allowing it to…... [read more]

According to PVN, the refinery is now operating at 60 percent of its capacity and will work in full swing from January 21. The Dung Quat oil refinery is expected to import five million tonnes of crude oil and produce and sell over 4.75 million tonnes of oil of different kinds this year. Leaders of Dung Quat oil refinery are trying its best for operation by issuing over 70 regulations and safety procedures, especially relating to fire fighting and prevention, explosion and human recovery in case of emergency.... [read more]

HA NOI — The country's sole oil refinery ceased operations on Wednesday for the second time this year due to technical failures. Between early May and July, the Dung Quat Oil Refinery was also shut down to resolve technical problems before being handed back to Binh Son Refining and Petrochemical Company (BSR), the operator of the plant. According to BSR, most of the technical faults at the refinery had been tackled, except for a problem detected last Sunday at the catalysis cracking sector, where the Co-Boiler equipment had cracked and began to leak fuel during the production process.-VNS... [read more]

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