Dung Quat oil sold in Vietnam

Fuel from Dung Quat, the country’s first oil refinery, has been sold in central provinces with the refinery’s construction nearly complete.

Workers at Dung Quat Oil Refinery (Photo: SGGP)

Over 2,000 tons of diesel and approximately 1,200 tons of domestic kerosene, from the refinery, have been consumed in the central provinces of Quang Ngai, Quang Nam and Da Nang.

As the plant begins to work toward full capacity, over 80,000 tons of crude oil will be transported to the $2.5 billion refinery in the central province of Quang Ngai in April.

In the beginning, State-run PetroVietnam will control distribution and later when the refinery is fully operational, a tender will be launched between distribution agents.

Prices of oil will be equal to imported oil.

Gasoline is expected to enter the market in April right after a CCR (continuous catalyst regeneration) platform is put into operation, said operation manager Nguyen Hoai Giang.

The refinery is planned to produce gasoline in April, too.

It will have 100 percent capacity in October, able to supply around 2.6 million tons of oil.

The refinery is designed to monthly supply almost 130,000 tons of LPG, 835,000 tons of gasoline, some 30,000 tons of aviation fuel Jet-A1, 1.34 million tons of diesel and around 144,000 tons of fuel oil.

By Ha Minh - Translated by Uyen Phuong

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