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  1. Technostar, Telloil delay refinery construction

    Eric Watkins Oil Diplomacy Editor LOS ANGELES, Dec. 11 -- Technostar Management and its partner Telloil have postponed the construction of a $1.7 billion refinery in central Vietnam due to slow site clearance, according to state media. The Vung Ro refinery, to be owned 51% by Technostar and 49% by Telloil, will be built in Phu Yen province, 1,160 km south of Hanoi, according to a Vietnam News report. On completion, it is expected to supply the domestic market with 4 million tonnes/year of petroleum products, including liquefied petroleum gas, benzene, gasoline, diesel, fuel for reactive power, and sulfur. Refinery construction will begin early next year instead of late this year as initially planned, said Vietnam News, citing Pham Ngoc Chi, Phu Yen provincial People's committee chairman, at a recent provincial meeting. The postponement stems from a delay in the land clearance process as the province has yet to complete construction of a resettlement zone and administrative facilities required to provide housing for 5,100 people the project will displace. Phu Yen People's Committee granted an investment license for the refinery in November. It will be built on a 200 ha inland area and 210 ha on the waterfront near Vung Ro seaport in Tuy Hoa District. Other refineries Vietnam currently has no oil refineries, but has three under construction or in planning stages. The Dung Quat refinery, under construction in central Quang Ngai province, is scheduled to begin operations in February 2009. Wholly owned by Petrovietnam, the Dung Quat facility has a design capacity of 6.5 million tonnes/year and is expected to meet a third of the country's demand for oil products (OGJ Online, Sept. 23, 2008). Plans also call for two other refineries, one at Nghi Son in central Thanh Hoa province and the other at Long Son in southern Ba Ria. Altogether, the three refineries will have a combined production output of some 20 million tonnes/year through 2012. Contact Eric Watkins at hippalus@yahoo.com.

    Online Articles

    Online Articles

    Thu, 11 Dec 2008

  2. NELSON-FARRAR QUARTERLY COSTIMATING: Yearly refinery construction indexes listed for 74 years

    Here are yearly values for the Nelson-Farrar refinery inflation cost index since 1926.

    Magazine Articles

    Magazine Articles

    Mon, 7 Jan 2002

  3. Yearly refinery construction indexes listed for 80+ years

    Here are yearly values for the Nelson-Farrar refinery inflation cost index since 1926.

    Magazine Articles

    Magazine Articles

    Mon, 5 Jan 2015

  4. Yearly refinery construction indexes listed for 80+ years

    Here are yearly values for the Nelson-Farrar refinery inflation cost index since 1926.

    Magazine Articles

    Magazine Articles

    Mon, 6 Jan 2014

  1. Nelson-Farrar Quarterly: Annual refinery construction indexes listed for 80+ years

    Magazine Articles

    Magazine Articles

    Mon, 9 Jan 2012

  2. Nelson-Farrar Quarterly Costimating: Refinery construction indexes listed for 80+ years

    Here are annual values for the Nelson-Farrar refinery inflation cost index since 1926.

    Magazine Articles

    Magazine Articles

    Mon, 7 Jan 2013

  3. Yearly refinery construction indexes listed for 80+ years

    Here are yearly values for the Nelson-Farrar refinery inflation cost index since 1926 (see tabulation below). They are based on 1946 as 100, since that was the date of index inception. Values from 1926 to 1945 were back-calculated. Click here to download pdf of the ITEMIZED REFINING COST INDEXES

    Magazine Articles

    Magazine Articles

    Mon, 11 Jan 2010

  4. Pemex delays refinery construction to yearend

    Mexico's Petroleos Mexicanos will delay construction of a refinery until yearend while the state firm studies the best location for the plant.

    Online Articles

    Online Articles

    Tue, 20 Jan 2009

  5. Aramco, ConocoPhillips delay Yanbu refinery construction

    Saudi Arabia’s Saudi Aramco and ConocoPhillips, citing uncertainties in financial and contracting markets, have agreed to halt the bidding process for construction of their planned 400,000 b/d export refinery at Yanbu.

    Magazine Articles

    Magazine Articles

    Mon, 17 Nov 2008

  6. Dinaz to start Latvian refinery construction in 2010

    Latvia's Dinaz said it plans to start construction of the country's first refinery in 2010 so it can reduce product imports.

    Online Articles

    Online Articles

    Wed, 20 Feb 2008

  7. Aramco, ConocoPhillips delay Yanbu refinery construction

    Saudi Arabia's Aramco and ConocoPhillips, citing uncertainties in financial and contracting markets, have agreed to halt the bidding process for construction of their planned 400,000 b/d refinery at Yanbu.

    Online Articles

    Online Articles

    Thu, 6 Nov 2008

  8. Turkey JV hires manager for refinery construction

    State Oil Co. of Azerbaijan Republic (SOCAR) and Turcas Rafineri AS have awarded Fluor Corp. a project management consultancy for a refinery to be built in Aliaga, Turkey.

    Online Articles

    Online Articles

    Tue, 14 Dec 2010

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