Nghi Son oil refinery ready for operation

by VTV401 March 2018 Last updated at 16:15 PM

VTV.vn - The Nghi Son Oil Refinery and Petrochemical complex in Thanh Hoa province is ready for official operation from Wednesday February 28 after 4 years of construction.

With total investment of 9.3 billion USD, the project is seen as a giant of ASEAN region in term of scale, capacity, and technology. The refinery is scheduled to produce the first commercial oil products in May this year. With its capacity of 10 million tonnes of petrochemical products per year, the Nghi Son petrochemical refinery complex is expected to meet 40% of the domestic demand of petrol and oil products.

It is also expected to contribute about 8% to Thanh Hoa's gross regional domestic product. Moreover, it aims to attract investment in the sector. Investors of the projects are Idemitsu Kosan, Mitsui Chemicals, Kuwait Petroleum Europe.B.V and Vietnam Oil and Gas Group.

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