Binh Son Refining and Petrochemical Co Ltd (BSR) will hold its first shareholders’ meeting on June 21 in Quang Ngai City after five months since its initial public offering (IPO) on January 17 this year.
Binh Son Refining and Petrochemical Co (BSR), which operates and manages
Dung Quat Oil Refinery, has asked the Ministry of Finance for
permission to calculate the petrol selling price themselves.
The tax reduction for Dung Quat Oil Refinery is necessary and
reasonable to ensure equal principles between local and imported
products, Do Hoang Anh Tuan, the deputy minister of finance, said.
The Dung Quat Oil Refinery needs up to US$2 billion to raise its annual
processing capacity from its current 6.5 million tonnes to 10 million
tonnes in the future.
