The Government should review the development of many oil refinery
projects due to difficulties being faced in the investment process, and
investment incentives for oil refinery plants, experts said.
Saudi Arabian oil company Saudi Aramco will be the strategic partner of
the Petroleum Authority of Thailand (PTT) in the oil refinery project in
Binh Dinh''s Nhon Hoi Economic Zone.
Vung Ro oil refinery project, with nearly US$3.2 billion investment from
the UK''s Technostar Management Ltd, is expected to begin in August,
according to People''s Committee of Phu Yen Province.
A Russian business delegation went on a fact-finding tour to the central
province of Binh Dinh last week to have a better look at the Nhon Hoi
Oil Refinery Complex, which will be built in the locality.
The Petroleum Authority of Thailand (PTT) announced three international
companies as consultants for their US$27 billion oil refinery project in
the central of Viet Nam on Thursday.