Prime Minister Nguyen Xuan Phuc has agreed to support a request by Binh
Son Refining & Petrochemical Co Ltd (BSR) to adopt a more favorable
policy to help its Dung Quat oil refinery compete with imported
petroleum products.
Binh Son Oil Refinery Co Ltd reported at a conference on Wednesday that
it produced 5.81 million tonnes of oil this year, earning VND127.8
trillion (around US$6 billion) or 128 per cent of its yearly target.
Binh Son Oil Refinery Co Ltd was granted an investment certificate
yesterday to upgrade and expand the Dung Quat Oil Refinery in the
central province of Quang Ngai.