After four times of general maintenance, the number of maintenance days has been gradually shortened thanks to contractors and BSR’s experience in implementation.
Dung Quat oil refinery will be expanded to raise its capacity to 171,000 barrels per day, up from 148,000 barrels, with a total investment of US$1.26 billion.
Bình Sơn 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 Dung Quat Oil Refinery Plant, operated by the Binh Son Refining and Petrochemical Company (BSR), produced more than 1.1 million tonnes of products in the first two months of 2019 using 108 percent of its designed capacity.
The Dung Quat Oil Refinery (BSR) in central Quang Ngai Province, the country’s first oil refinery, has been recognised among the top 10 eco-friendly factories in Viet Nam this year.
Binh Son Refining and Petrochemical Company (BSR) reported pre-tax profits of VND1.3 trillion (US$57.1 million) in the first quarter of 2018, up 46 per cent compared to the quarterly target.
The Binh Son Refining and Petrochemical Company (BSR), the operator of the Dung Quat Oil Refinery in central Quang Ngai province, earned VND5.5 trillion (US$244.5 million) through the sale of nearly 242 million shares during its initial public offering (IPO)...
Calculation of petroleum import tax based on weighted average of the tariffs along with locally produced petrol from Dung Quat Oil Refinery would benefit consumers, Vu Thi Mai, deputy minister of finance, said.
The multi-billion-dollar Dung Quat oil refinery upgrade and expansion project is being implemented very slowly and its operator has repeatedly asked the Vietnamese Government for support and incentives.
The initial public offering (IPO) of Bình Sơn Refining and Petrochemical Company Limited (BSR) in the fourth quarter of this year is expected to lure big investors, especially those with value, given the company’s mammoth capitalisation.
The Dung Quat Oil Refinery earned nearly VND1.8 trillion (US$80.4 million) in after-tax profit in the first quarter of the year, achieving 30 per cent of its annual target.