Construction of Nghi Son Refinery and Petrochemical Complex to begin soon
On October 23, the groundbreaking ceremony for the Nghi Son Petrochemical Refinery Complex will take place at Nghi Son Economic Zone (Thanh Hoa).
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Perspective of Nghi Son Refinery and Petrochemical Complex project |
This project is invested by Nghi Son Refinery and Petrochemical Company Limited, a joint venture between Vietnam National Oil and Gas Group (PVN), Kuwait Petroleum International Company, Idemitsu Kosan Company (Japan) and Mitsui Chemical Company (Japan).
The project has a total investment of up to 9 billion USD, with a capacity of about 200,000 barrels/day (equivalent to 10 million tons/year) with main products such as: LPG, Ron 92, Ron 95 gasoline, jet fuel, premium diesel, regular diesel...
It is expected that by July 2017, Nghi Son Refinery and Petrochemical Plant will begin commercial operation. When put into operation, together with Dung Quat Refinery, this project will meet about 70% of domestic gasoline demand, while providing petrochemical products for the domestic market and for export. The project will also create jobs for tens of thousands of workers during the construction phase and more than 1,000 workers during the operation phase. In addition to the groundbreaking ceremony of Nghi Son Refinery and Petrochemical Complex project, the "Investment Promotion Forum in Nghi Son Economic Zone and surrounding areas" will also take place in this area. These are two events of special significance in the socio-economic development of Thanh Hoa province.
According to QĐND-DP
