Nghi Son refinery
The MoIT asked Nghi Son company and Binh Son Refining and Petrochemical JSC, which operates Dung Quat oil refinery in central Quang Ngai province, to maximise their capacity and use stockpiles or other sources to make up for the reduction.
Fuel supply sufficient, only 30 of 16,000 filling stations have stopped selling
Only 20-30 out of 16,000 filling stations nationwide have stopped selling petrol amid reports that fuel was running out, which has prompted people to rush to buy petrol for hoarding.
Fuel shortage raises need of Nghi Son’s restructuring
Domestic petrol prices hit an 8-year high after the Ministry of Industry and Trade (MoIT) adjusted the retail prices up by around 3.9 per cent on Friday – its third consecutive increase this year and the fourth in a row.
Sufficient fuel supply for use in Vietnam, assures Trade Ministry
A representative of the Ministry of Industry and Trade (MoIT) has confirmed that Vietnam has a sufficient supply of fuel for local use and offers solutions if a shortage occurs in the market.
Risk of gasoline shortage as Nghi Son reduces capacity
The Nghi Son refinery will reduce capacity and may stop operating from mid-February 2022, causing concerns about a lack of supply for the domestic market.
100 foreign experts to work at Nghi Son refinery quarantined
More than 100 foreign experts who are coming to work at Nghi Son Oil Refinery in Thanh Hoa Province will be quarantined.