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Vietnam's Refining Capacity Expanding. Dong Quat comes on stream & 3rd refinery planned! Petro Vietnam Shares more in 5th Asia Refining congress.

Posted on : 21 Jul, 2009

 

Dong Quat Refinery-Offshoretechnology.com

Vietnam made a splash in Asia Refining sector in early July when the Dong Quat Oil refinery (Vietnam’s first refinery) delivered its first batch of LPG and Gasoline to PetroVietnam Oil Corp. The Refinery turned out an additional 4,300 Cubic Meters of gasoline, 4,000 cubic meters of kerosene and 7,200 tonnes of LPG for the domestic market by 15 July.

 

As Vietnam celebrates the successful operation of her first refinery, which will operate at full capacity by August 2009, Petro Vietnam announced plans to enter into a joint venture with foreign investors to start work on the country’s third oil refinery by September 2009.

Petro Vietnam has not issued an official list of investors, but a representative said that interested companies include PETRONAS, IPIC and GS Group. The Prime Minister approved the project in September 2006, and the oil-rich southern coastal province of Ba Ria-Vung Tau was chosen as the site for the construction.

Asia’s leading Refiners and Regulators will meet at the 5^th Asia Refining Congress in Singapore on 20-21 October 2009 to discuss key issues shaping the global refining business and the impact on Asia’s refining and petrochemical industry.

 

Mr. Cao Hoai Duong, a leading representative from PetroVietnam will be in Singapore sharing an update on “Vietnam – New Refinery Coming On-Stream, Status and Progress of Production” at the 5^th Asia Refining Congress.

Those keen on confirming their participation at the 5^th Asia Refining summit can >>CLICK HERE<< to access the registration page. For equiries on media partnerships, exhibition space and / or sponsorship packages >>CLICK HERE<< or contact Ms. Injleep at +65 6346 9113 or email her at injleep@cmtsp.com.sg.