A view of BSR's Dung Quat Oil Refinery Factory. The factory has succeeded in processing marine fuel oil (MFO) for export. Photo bsr.com.vn

Binh Son Refinery and Petrochemical Joint Stock Company (BSR), the manager and operator of Dung Quat Oil Refinery Factory, has succeeded in processing some kinds of newly imported crude oil and marine fuel oil (MFO) for export.

The production is under BSR’s strategy on diversifying sources of crude oil, besides supply from the Bach Ho crude oil field and other domestic crude oil fields, which are decreasing in output. The company will undertake trial processing and production of those kinds of crude oil at Dung Quat Oil Refinery Factory in the long-term.

They are 19 new kinds of crude oil, including seven kinds of domestic crude oil and 12 kinds of imported crude oil, such as WTI Midland of US and Bonny Light of Nigeria.

After successfully processing WTI Midland crude oil and Nigeria's Bonny Light crude oil, BSR will import a total of four million barrels of both types by the end of this year.

The imports are expected to surge to 8-10 million barrels by 2020.

Meanwhile, in September, BSR successful produced MFO products having less than 0.5 per cent sulphur, meeting the standards in reducing sulphur-containing emissions from ships using MFO on the international maritime routes issued by the International Maritime Environmental Protection Committee (MEPC) of the International Maritime Organisation (IMO).

At the end of November, BSR expects to export the first batch of MFO products with an output of about 6,000 tonnes.

Engineer Dang Ngoc Dinh Diep, the Dung Quat Oil Refinery Factory’s Deputy Director of Technology, said the production of MFO will increase competitive ability and efficiency of fuel oil products and promote cooperation between BSR and partners in developing new products in the future. — VNS