Output from Vietnam's Largest Oil Refinery to Drop 20%-25% Due to Unit Shutdown

Khanh Vu
Thursday, January 5, 2023

Output from Vietnam's largest oil refinery is expected to fall by 20%-25% during the first 10 days of January as its residual fluid catalytic cracking (RFCC) unit has been shut down due to a technical problem, the government said on Thursday.

The 200,000-barrel-per-day Nghi Son Refinery and Petrochemical has a leak at the RFCC unit, the government said in a statement.

Reuters first reported on the shutdown late last month.

The Ministry of Industry and Trade has asked fuel traders to increase their imports to compensate for the shortfall "to ensure sufficient fuels for the local market until the end of the first quarter," the government said.

Nghi Son refinery is 35.1% owned by Japan's Idemitsu Kosan Co 5019.T, 35.1% by Kuwait Petroleum, 25.1% by Vietnam's state oil firm PetroVietnam and 4.7% by Mitsui Chemicals Inc 4183.T.

(Reuters - Reporting by Khanh Vu; editing by Barbara Lewis)

Categories: Refinery

Related Stories

PTTEP, Eni Launch Joint Venture for ADNOC-Operated Ghasha Offshore Project

Masirah Oil Starts Yumna Offshore Drilling Ops After Months of Delays

Finder Energy Selects Eneos’ Rig for Drilling Job off Timor-Leste

Oil Caught Between Trump's Russia Supply Push and Middle East Risks

Iran Weighs US Response as Hormuz Reopening Talks Stall

Valeura Starts Wassana Platform Installation Offshore Thailand

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Eni Taps Yinson Production for Major Ghana FPSO Gas Upgrade

LNG Flows Through Hormuz Hit Seven-Month High

Höegh Evi, PETROS to Develop Kuching LNG Terminal in Malaysia

Current News

Indonesia's Jangkrik FPU Set for Major Gas Output Boost

PTTEP, Eni Launch Joint Venture for ADNOC-Operated Ghasha Offshore Project

Oil India Discovers Gas in Shallow Waters of Krishna-Godavari Basin

Masirah Oil Starts Yumna Offshore Drilling Ops After Months of Delays

Sunda Energy Gets Chuditch License Extension After Termination Warning

Finder Energy Selects Eneos’ Rig for Drilling Job off Timor-Leste

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com