155b dong to build petrol export station in central region
PVOil on Monday kicked off work on petrol depot and export station in Dung Quat Economic Zone (Quang Ngai province) with an aim to meet the demand of central region and northern Central Highland.
The project is designed on a site of 2.3 hectares with total investment capital of 155 billion dong. Pipeline system of the Dung Quat oil refinery is connected to PVOil’s 7,200 cubic-meter depot.
The work is expected to be completed in Q1 of 2012.
On the same day, PVOil made the debut of Central Petroleum Joint Stock Co under PetroVietnam. The newly-established firm will be responsible for maintaining business and consumption network in central and highland regions. – Vietbiz24