Vietnam's Largest Refinery to Boost Operating Capacity by 15%-20%
03.29.2024 By Tank Terminals - NEWS

March 29, 2024 [Hydrocarbon Processing]-Vietnam’s largest refinery Nghi Son said it will boost its operating capacity by 15% to 20% in order to ensure stable supplies.

 

The 200,000-bpd Nghi Son Refinery and Petrochemical is currently operating at 100% of its designed capacity, it said.

The “planned increase of 15 to 20% in the refinery’s capacity will further ensure a stable supply of petroleum products,” it said in a statement.

Nghi Son is one of two oil refineries in Vietnam, which meet around 70% of the country’s needs for refined petroleum products.

Nghi Son is 35.1% owned by Japan’s Idemitsu Kosan Co 5019.T, 35.1% by Kuwait Petroleum, 25.1% by Vietnam’s state oil firm PetroVietnam and 4.7% by Mitsui Chemicals Inc.

The company has delivered its first batch of 10ppm sulfur diesel oil cargo to the domestic market, it said, without elaborating.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Wood Bags Six-Year Contract on Shell’s Prelude Facility
07.12.2024 - NEWS
July 12, 2024 [Yahoo Finance]- Shell has awarded a six-year contract to engineering company Woo... Read More
Malaysia’s Bintulu LNG Plant to Get First Supplies from Jerun Gas Field
07.12.2024 - NEWS
July 12, 2024 [LNG Prime]- Malaysia’s giant Bintulu LNG plant, operated by Petronas, will soon ... Read More
Rubis Terminal Rebrands as Tepsa, Building on Legacy and Embracing Evolution
07.12.2024 - NEWS
July 12, 2024 [Storage Terminals Magazine]- Rubis Terminal is excited to announce a strategic reb... Read More
Adnoc Awards Abu Dhabi Airport Tank Farm Project
07.11.2024 - NEWS
July 11, 2024 [MEED]- Abu Dhabi National Oil Company (Adnoc) has awarded the main engineering, pr... Read More