$20bn oil refinery project delayed

PTT said that it conducted research in the southern central region four years ago and had intended to implement the project this year. However, due to fluctuations in the world crude oil price, it needs more time to consider the project. The $20 billion project would have covered 2 thousand hectares and produce 20 million tonnes of petroleum products a year and contribute 40% to Bình Định’s total GDP./.