Refinery repairs cost double estimated figure

The first comprehensive overhaul of the two-year-old Dung Quat Oil Refinery cost nearly double the budgeted figure since some equipment had to be replaced, the operator said Friday. Vietnam’s sole refinery was closed for two months in mid-July for maintenance and fixing 75 technical faults. The Binh Son Oil Refining and Petrochemical Co Ltd, the [...]

More than US$1 billion to expand Dung Quat oil refinery

Vietnam Oil and Gas Group (PetroVietnam – PVN) has offered to sell shares of Dung Quat oil refinery to foreign investors with the stake holding up to 49% in the refinery at the time after it raises the annual production capacity to 8.5 million tons of crude oil. Under the plan, the Dung Quat oil [...]

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 [...]

Dung Quat refinery gets US$32 million loan

The Binh Son Refinery and Petrochemical Company, the operator of the Dung Quat Oil Refinery, on September 29 inked a credit contract worth US$32 million with Quang Ngai branch of the Joint Stock Commercial Bank of Foreign Trade of Vietnam (Vietcombank). The contract was reached in the central province of Quang Ngai, where the refinery [...]

Dung Quat promptly back in action

Quang Nam province’s Dung Quat oil refinery resumed operations reaching 100 per cent of its capacity on September 13. State-owned PetroVietnam stopped the 130,000-barrel-a-day refinery on July 15 for scheduled maintenance, which would last to mid-September. Earlier on August 26, 2011 the refinery started to resume operations and reached 85 per cent of its capacity [...]

Petro Vietnam to resume operations at Dung Quat oil refinery in Vietnam

State owned Petro Viet Nam said it will resume full operations at its Dung Quat Oil refinery located in Quang Ngai, Vietnam, next week. The refinery is currently operating at 70% capacity, will commence operations following two months of scheduled maintenance work. A second overall maintenance of the refinery is planned to be carried out [...]

Dung Quat Oil Refinery to resume full capacity

The Dung Quat Oil Refinery will again operate at full capacity on September 12 or 13, two days earlier than scheduled following maintenance. The refinery resumed operations at the end of last month and is currently running at a 70 per cent capacity. To date, this had been the first overall maintenance of the refinery, [...]

Dung Quat oil refinery stockpiles nearly 300,000 tonnes of gasoline

During the maintenance period starting from July 15, Binh Son Oil Refining and Petrochemical Co, Ltd, the operator of Dung Quat oil refinery, will actively import one million tonnes of fuel to ensure the domestic supply. Nguyen Hoai Giang, the company’s general director said that from July 15, Dung Quat oil refinery officially suspended operations [...]

Dung Quat oil refinery sells first 3,000 cubic meters of JA1 gasoline to Vietnam Airlines

At 2:00 pm on July 17 at the port of Dung Quat oil refinery, the PV Oil Anpha ship of Vietnam Air Petrol Corp (Vinapco) will receive and transport 3,000 cubic meters of Jet Fuel (JA1) for Vietnam Aviation Corp (VNA) to provide fuel for domestic and international flights, Nguyen Hoai Giang, general director of [...]

Dung Quat oil refinery sells first batch of jet petrol

The Dung Quat Oil Refinery on July 17 sold 3,000 cu.m of jet petrol (Jet A1) to the Vietnam Air Petrol Company Limited (Vinapco) to serve flights of the national flag carrier, Vietnam Airlines. General Director Nguyen Hoai Giang of the Binh Son Refining and Petrochemical One-Member Co. Ltd., which runs the country’s first oil [...]

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