|A view of Nghi Sơn refinery and petrochemical complex in Thanh Hoá province. — Photo baodauthau.vn|Viet Nam News
HÀ NỘI — The US$9 billion Nghi Sơn refinery and petrochemical complex in Thanh Hóa Province is expected to become operational in the last quarter of this year.
The Việt Nam National Oil and Gas Group (PetroVietnam) said the complex will complete important processes this year. Accordingly, it will complete mechanic works in March and start trial operations in the following month.
The project is scheduled to supply its first batch of oil in the third quarter of the year.
Following its operation, the complex will provide jobs to 1,400 people, including 1,200 Vietnamese labourers.
The 400ha project will meet 70 per cent of domestic demand for energy in the future, with an annual capacity of 10 million tonnes of crude oil (200,000 barrels) per day.
It will supply 2.3 million tonnes of gasoline, 2.9 million tonnes of diesel, 380,000 tonnes of polypropylene, 900,000 tonnes of aviation turbine fuel and nearly 700,000 tonnes of liquefied petroleum gas annually.
The project aims to meet the country’s increasing oil refinery demand while ensuring energy supply, thus creating momentum to attract foreign investment into Việt Nam. — VNS