Nearly 1.5 billion USD to expand Dung Quat Oil Refinery
15/04/2024 17:09 58
The Board of Directors of Binh Son Oil Refinery Joint Stock Company has decided to adjust the project of upgrading and expanding Dung Quat Oil Refinery. 
Total adjusted project construction investment is VND 36,397 billion, equivalent to nearly USD 1.5 billion.
Dung Quat Oil Refinery Upgrade and Expansion Project is invested to increase the processing capacity of the plant from 148,000 barrels per day to 171,000 barrels per day.
The investment scale was added and upgraded with items including technological, auxiliary and peripheral workshops to meet the factory capacity of 171,000 barrels per day.
According to the decision, the project has a total land use area of nearly 52 hectares in Dung Quat Economic Zone.
The implementation progress is 37 months from the date of signing the EPC Contract and the project will be put into operation in 2028.
M.H
