Russian JV slates Viet Nam refinery

A joint venture of Russian and Vietnamese state firms has signed an agreement to build Viet Nam's first refinery, at Dung Quat in central Quang Ngai province. Zarubezhneft and Petrovietnam plan to build a 130,000 b/d refinery to process crude oil from Viet Nam's Bach Ho offshore oil field, where the Russo-Vietnamese exploration and production joint venture Vietsovpetro is the operator. This is the third time a foreign partner has been lined up to build the plant: First, Total was

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