The Dung Quat Oil Refinery yesterday received its first consignment of 80,000 tons of crude oil from the Bach Ho (White Tiger) oilfield in Ba Ria-Vung Tau Province.
Dung Quat Oil Refinery (Photo: VNA)
It was transported by Norwegian oil tanker Torm Gudrun to Viet Thanh Bay in Quang Ngai Province, where the plant is located.
The oilfield is operated by PetroVietnam Oil Corporation (PV Oil), a member of the Vietnam Oil and Gas Group.
During a one-year trial period for the refinery, PV Oil will provide Dung Quat 4 million tons of crude from Bach Ho and distribute an estimated 3.4 million tons of A90, A92, A95 grades of fuel and other products.
By 2010 the plant will produce 5.7-6.5 million tons of petrol and oil every year, sharply reducing the country’s dependence on imports.
Its first petrol and oil products are expected to be available by the end of next February.