Vietnam's 2nd refinery to begin operations in 2017

TN News

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Vietnam's second refinery, going to be built in the central province of Thanh Hoa at a cost of nearly US$9 billion, will go on stream in 2017.

With a planned output of 200,000 barrels per day, the Nghi Son refinery is expected to meet around 40 percent of the country's oil and gas demand.

Work on the refinery is scheduled to begin in May this year and finish in the last quarter of 2016.

The Nghi Son Oil Refinery and Petrochemicals Company is a joint-venture between PetroVietnam, Kuwait's Petroleum Group, and Japan's Idemitsu Kosan Petroleum Group and Mitsui Chemicals.

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