Agreement to boost sales for Dung Quat oil refinery

by VTV411 August 2017 Last updated at 13:33 PM

(Photo illustrated: VIR)
(Photo illustrated: VIR)

VTV.vn - The Binh Son Refining and Oil Company has set a target to complete the initial public offering by the end of 2017 and sell its stake to Petrolimex.

An agreement was signed between the two groups on Thursday afternoon in Hanoi with an aim to boost the sale of Dung Quat Oil Refinery Company.

According to the agreement, Petrolimex will give priority to sell oil-based products from the Dung Quat Oil Refinery Company, including exports to Cambodia and Laos.

After seven years of operations, Bình Son Refining and Oil Company has sold more than 47 million tonnes of oil-derived products, meeting 40% of domestic demand.

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