The Nghi Sơn Refinery & Petrochemical Limited Liability Company (NSRP) achieved a net revenue of about US$6.4 billion in 2023 and contributed about $820 million to the State budget.
Nghi Sơn Refinery and Petrochemical LLC (NSRP) announced it has completed 70 per cent of the first major maintenance (turnaround) plan as of September 18, closely following the set critical path.
The joint initiatives between NSRP and BSR encompass resource sharing, expertise exchange, technical and maintenance services, collaboration in raw material and oil product exchange.
Nghi Sơn Refinery and Petrochemical LLC (NSRP) has received a request from the Ministry of Industry and Trade (MoIT) to maintain stable production activities and maximise production to ensure petroleum supply to the domestic market.
Stable cash flow is key to maintaining the Viet Nam’s largest refinery - Nghi Son oil refinery’s production, said Egashira Hideaki, Investment Director of Idemitsu Kosan Company in a media briefing in Ha Noi last week.
Nghi Son Refinery and Petrochemical LLC (NSRP) has delivered two petrol shipments to the Nghi Son Refinery Distribution Branch (PVNDB), an affiliated company of the Vietnam Oil and Gas Group (PetroVietnam).
Nghi Son Refinery and Petrochemical LLC (NSRP) has successfully delivered two petrol shipments to the Nghi Son Refinery Distribution Branch (PVNDB), an affiliated company of the Vietnam Oil and Gas Group.
Experts have suggested the Government, the Ministry of Industry and Trade, the Ministry of Finance and localities need to think more carefully about the plan to jointly restructure the NSRP to reduce the adverse impact of the plant’s production problems...
Central Quang Ngai Province''s People Committee, home to the Binh Son Refinery (BSR), called on the country to prioritise using gasoline and diesel oil from domestic suppliers and reduce import in light of crumbling demand during the pandemic.
Petrol imports this year should be sharply reduced as the Nghi Son Refinery comes into operation and the output of Dung Quat Refinery meets most of the local demand, said Deputy Minister of Industry and Trade Do Thang Hai.
In recent days, buyers have been accounting for 80 per cent of all customers at Bao Tin Minh Chau Jewellery and Gemstone Company, one of Viet Nam’s biggest gold trading companies.
The central province of Quang Ngai urged the Government to provide policy incentives for Dung Quat Refinery equal to those enjoyed by Nghi Son Refinery to ensure fair competition.