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Update news oil refineries
Dung Quat oil refinery will be expanded to raise its capacity to 171,000 barrels per day, up from 148,000 barrels, with a total investment of US$1.26 billion.
Nghi Son Refinery and Petrochemical LLC (NSRP), the largest oil refinery in Vietnam, has resumed its normal operation on January 15 afternoon following its technical breakdown in one of its units in December 2022.
VietNamNet Bridge - The national oil & gas group PetroVietnam may have to spend more than $2 billion, or VND40 trillion, to cover losses from the Nghi Son petrochemistry and refinery complex.
VietNamNet Bridge - The appearance of PTT in Vietnam has raised curiosity about how the petroleum market, in which Dung Quat satisfies one-third of demand, is restructured.
Four oil refineries due to enter operation by 2030; Zero tax levied on two Cambodian import items; VietinBank to loan $7.8m to textile firm; VN forecast to return to fast growth; Work begins on $1.3b thermal power plant in Binh Thuan