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Nghi Son Refinery in Thanh Hoa Province. Photo courtesy of Nghi Son Refinery and Petrochemical Llc

 

Vietnam is working on administrative procedures to build a third oil refinery amid apparent shortages and surging prices due to dependency on global supply.

 

The factory is set to have a capacity of 10 million tonnes per year and be located in the southern province of Ba Ria-Vung Tau, Deputy Prime Minister Le Van Thanh told lawmakers Wednesday.

 

Vietnam now has two refineries, Nghi Son and Binh Son (also known as Dung Quat), which together have a combined capacity of 13 million tonnes per year.

 

Full Story: https://e.vnexpress.net/news/economy/vietnam-to-build-3rd-oil-refinery-4440028.html

 

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-- © Copyright VN Express 2022-03-17

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