Vietnam First Refinery to Debut First Gasoline Batch by end-April

Phuong Dong Viet Oil Shipping Joint Stock Company (PV Oil Shipping) has recently moored a clean petroleum product (CPP) vessel at Dung Quat seaport to be ready to receive the first domestically made gasoline batch at the end of this month.

 

Dung Quat oil refinery includes six independent seaports capable of receiving 30,000-ton ships as well as delivering products simultaneously to six vessels.

 

The refinery has produced 2,000 tons of diesel and 1,200 tons of kerosene since becoming operational on Feb 22 and is expected to refine 3.5 million tons of crude oil into 2.6 million tons of products during this year.

 

The US$3.1 billion refinery is scheduled to run at 60 per cent-65 per cent of the designed capacity from February to June, at 70 per cent in June-August, and at full capacity as from late August.

 

Once running at full capacity, the plant is estimated to offer to market 150,000 tons of gasoline; 240,000 tons of diesel; 23,000 tons of liquefied petroleum gas (LPG); over 8,000 tons of propylene; 30,000 tons of Jet-A1 fuel; and 25,000 tons of fuel oil (FO) monthly. (vnexpress)