Dung Quat refinery’s expansion project: Amec Foster Wheeler wins FEED contract

Front-End Engineering Design (FEED) Contract worth of USD 25.6 million was inked on 28^th August 2015  between representatives of  Binh Son Oil Refinery and Petrochemical Company (BSR - the operator of Dungquat refinery  - a subsidiary of Vietnam Oil and Gas Group) and  English-based Amec Foster Wheeler Energy Company Limited  for the upgrade and expansion of Dung Quat oil refinery based in Quang Ngai Province. 

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.

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