Vietnam: First crude oil batch comes to Nghi Son oil refinery for trial run

Vietnam: First crude oil batch comes to Nghi Son oil refinery for trial run

The Nghi Son petrochemical refinery company on August 22 received the first
batch of 270,000 tonnes crude oil from Kuwait via Millennium cargo ship for
its operation.

According to Nguyen Van Thi, head of the management board of Nghi Son
Economic Zone and Thanh Hoa industrial parks, this is a progress in the
factory's trial operation, making it ready to provide petrochemical and
refined products for domestic and foreign markets.

Alongside, ship Millennium with a maximum capacity of carrying up to 300,000
tonnes of crude oil marked a milestone of the Nghi Son seaport as the first
large-ever crude oil vessel docked in Vietnam.

The Nghi Son petrochemical refinery is built in Nghi Son economic zone in
TinhGia district of the central province of ThanhHoa. This is the largest
national oil and gas project of the country with total investment of 9.2
billion USD.

After 44 months of installation, the project was completed on April 30,
2017. The Nghi Son Refinery and Petrochemical Company is preparing to test
the factory.

As schedule, the factory will receive three vessels of crude oil from
Kuwait. With its capacity of processing 10 million tonnes of crude oil per
year, the Nghi Son petrochemical refinery complex is expected to help
improve the self-reliance of Vietnam in producing refinery and petrochemical
products, while strengthening the national energy security.

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com