Vietnam’s Nghi Son oil refinery start up delayed
After the start-up, the $7.5 billion refinery will be able to process 200,000 barrels of oil per day (bpd) while output from the refinery will be directed mainly to the domestic market, which is expected to decrease the country’s imports of oil products.
Japan’s Idemitsu Kosan and Kuwait Petroleum International each have 35.1% of the new refinery, while Petro Vietnam and Mitsui Chemicals own 25.1% and 4.7% shares respectively.
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