Dung Quat oil refinery receives credit

The Binh Son Refinery and Petrochemical Company, operator of the Dung Quat Oil Refinery, on Thursday inked a credit contract worth US$32 million with Vietcombank.
The contract was agreed in the central province of Quang Ngai, where the refinery is located, with co-operation from the PetroVietnam Finance Joint Stock Corporation.

The loan will be used towards the implementation of a $45 million project on adding crude oil pumps and two crude oil tanks to the refinery.

Once completed, the project will help ensure the stable operation of the refinery, partially meeting market demands for energy.
Vietnam News

Tags: Dung Quat oil refinery

Posted by VBN on Oct 5 2011. Filed under Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry