$25m set for maintaining Dung Quat refinery

Binh Son Petrochemical Co Ltd on Thursday early signed a $25 million deal with South Korea-based contractor group including Jcon, Dong –II, Ubec and Deachange to carry out first overall maintenance for Dung Quat oil refinery.

The maintenance time is reportedly scheduled in 2 months, starting from this July. About 2,000 local and foreign experts, engineers and workers will join the process.

As recorded in the agreement with Technip contractor group, after two years of operation from the first product on February 22, 2009, the factory needs to be checked and appraised on operation situation of each unit, each technology to have a proper and timely maintenance and replacement.

In order to ensure the general maintenance progress, the company suspended the operation of the refinery from March 23 to conduct overall examination at 14 refining units and techniques in Dung Quat refinery. According to the initial plan, the suspension lasts 2-3 weeks but amid the rising petrol prices, the company is attempting to speed up the examination.

The refinery is expected to resume operation by April 2, earlier than the initial plan.

After a week of suspension, experts have discovered some small errors at the 14 units.

Nguyen Hoai Giang, General Director of Binh Son Petrochemical Co Ltd told VnExpress that although the errors did not impact to the production process of the factory, we started to order standby components overseas to replace. – Vietbiz24

Tags: Dung Quat Refinery