Vietnam gains clearance for Nhon Hoi refinery construction

Eric Watkins
Senior Correspondent

LOS ANGELES, Jan 17 -- The Hong Kong General Chamber of Commerce has signed an agreement with Vietnam's Binh Dinh province for the construction of a $450 million refinery in the Nhon Hoi economic zone.

The project is expected to be completed in 2010, with a refining capacity of 2 million tonnes/year of oil, increasing to 8-10 million tonnes/year during 2016-20.

Vietnam, Southeast Asia's third-largest oil producer, earned $7.38 billion from exporting its crude in 2005, up by 30.3% over 2004. But a lack of refineries meant the country had to continue importing all refined products.

To increase its refining capacity, state oil firm PetroVietnam plans to build two new refineries in Dung Quat and Nghi Son.

Last August, Petrovietnam reported that major work contracts were in place for construction of the 140,000 b/d refinery—the country's first—at Dung Quat in the central province of Quang Ngai (OGJ Online, Aug. 25, 2005).

Contact Eric Watkins at hippalus@yahoo.com.

Related Articles

Rosneft advances hydrotreating complex at Syzran refinery

08/29/2014 OAO Rosneft has received a reactor and cold high-pressure separator to be used in the construction of a planned diesel hydrotreating complex at its...

Damaged unit weighs on diesel output at Porvoo refinery

08/29/2014 Repairs remain under way on a damaged hydrogen production unit at Neste Oil Corp.’s 205,000-b/d Porvoo refinery in the Kilpilahti Industrial Area, ...

PDVSA shuts refinery generator for maintenance

08/29/2014 Petroleos de Venezuela SA (PDVSA) has shut down the power generation system that supplies its 190,000-b/d Puerto La Cruz refinery in eastern Venezu...

BP confirms fire at Whiting refinery

08/28/2014 An overnight fire at BP PLC’s 413,000-b/d refinery in Whiting, Ind., has resulted in only minimal interruptions to operations at the site, the comp...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected