The upgrade and expansion plan is estimated to cost between
1.8 to 2 billion USD and shall raise the refinery’s annual capacity from the
current 6.5 million tons of crude oil to 10 million tons.
 |
| Surroundings of the current refinery |
Showing posts with label Gazprom. Show all posts
Showing posts with label Gazprom. Show all posts
Thursday, November 6, 2014
Dungquat’s refinery upgrade and expansion plan estimated to cost $2 billion
PetroVietnam Deputy General Director Le Manh Hung
acknowledged during a
recent meeting with the Authority of Quang Ngai, where the Dungquat
refinery is located, that the plan to upgrade and expand this refinery shall be
kicked off in Q.1 2015, clear site should be available in Q2 2016, and
construction will commence in Q.3 2017 and expectedly complete in 2021.
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