Project Nghi Son oil refinery plant invested by KPI, a foreign subsidiary of Kuwait Petroleum Corporation (KPC), Vietnam National Oil and Gas Group (Petro Vietnam), along with partner company Idemitsu Kosan (IKC) and the Japanese company Mitsui Chemicals (MCI) investment.
Mr. Hussein Ismail, chairman of Kuwait State Petroleum Group said filtering capacity of the plant is expected to be around 200,000 barrels / day and as planned, the plant will go into operation in 2015.
It is known that the refinery project will also include a combination of oil, energy facilities, pipelines and oil storage systems. Beside LPG, unleaded gasoline, kerosene, jet fuel and diesel, oil refineries also produces bitumen, propylene and BTX as a raw material for petrochemical industry.
Crude oil extraction at the plant will be imported from Kuwait.
(PetroTimes)