nha cai 188bet Dung Quat refinery upgrade project enters a new phase of development.

Recently, in Hanoi, nha cai 188bet Vietnam Refining and Petrochemical Corporation (BSR), a member unit of Petrovietnam , held a signing ceremony for nha cai 188bet EPC and PMC contracts under nha cai 188bet Dung Quat Refinery Upgrade and Expansion Project.

National key project enters implementation phase.

nha cai 188bet Dung Quat Refinery Upgrade and Expansion Project is a nationally important project in nha cai 188bet energy sector, and its investment policy has been adjusted and approved by nha cai 188bet Prime Minister in accordance with regulations. With a total investment of approximately VND 36,397 billion (equivalent to USD 1.489 billion), nha cai 188bet project aims to increase nha cai 188bet refinery's processing capacity from 148,000 to 171,000 barrels of crude oil per day, while also improving nha cai 188bet processing capabilities of various crude oils, producing fuels that meet Euro V standards, and enhancing  's operational efficiency in nha cai 188bet context of nha cai 188bet energy transition.

BSR General Director Nguyen Viet Thang: nha cai 188bet Dung Quat Refinery Upgrade and Expansion Project not only meets immediate development requirements but is also a strategic step to enhance BSR's competitiveness for many decades to come. Photo: PVN.

According to nha cai 188bet plan, nha cai 188bet project will be implemented within 37 months from nha cai 188bet effective date of nha cai 188bet EPC contract and is expected to be operational in 2028. This is considered a strategic step to enhance BSR's competitiveness and increase its adaptability to new demands of nha cai 188bet energy market.

Speaking at nha cai 188bet ceremony, BSR General Director Nguyen Viet Thang said that 2026 is a particularly significant year as nha cai 188bet country enters a new phase of development in accordance with nha cai 188bet spirit of nha cai 188bet 14th National Congress Resolution of nha cai 188bet Party. In nha cai 188bet context of nha cai 188bet strong energy transition trend, increasingly stringent environmental standards, and growing competitive pressure, nha cai 188bet implementation of nha cai 188bet Dung Quat Refinery Upgrade and Expansion Project not only meets immediate development requirements but also lays nha cai 188bet foundation for BSR's long-term development.

Mr. Nguyen Viet Thang emphasized that nha cai 188bet project is not simply aimed at increasing processing capacity, but also at creating conditions for nha cai 188bet factory to gradually transform towards a modern, green, and sustainable direction. nha cai 188bet application of advanced technologies will contribute to improving resource efficiency, reducing emissions, and aligning with nha cai 188bet national energy development orientation as well as Vietnam's green growth goals.

Modern technology provides nha cai 188bet foundation for sustainable development.

To implement nha cai 188bet project, BSR mobilized numerous consulting firms and leading technology suppliers worldwide . nha cai 188bet Front-End Engineering Design (FEED) was carried out by Foster Wheeler (WOOD Group - UK). This is also nha cai 188bet same firm that participated in nha cai 188bet design of nha cai 188bet Dung Quat Refinery from nha cai 188bet initial stages and has extensive experience in large-scale petrochemical projects in nha cai 188bet region.

In nha cai 188bet presence of leaders from central ministries and agencies, Quang Ngai province, and Petrovietnam, nha cai 188bet NCMR Dung Quat Refinery Project Management Board - under BSR - signed nha cai 188bet EPC contract with nha cai 188bet consortium of contractors. Photo: PVN .

nha cai 188bet proprietary technologies are selected from many reputable companies worldwide, such as Axens (France), UOP and Merichem (USA), KT - Kinetics Technology (Italy), and Worley (Netherlands). nha cai 188bet selection of modern technological solutions contributes to ensuring operational efficiency, product quality, and compliance with environmental standards.

According to BSR, nha cai 188bet entire project implementation process will be carried out based on four overarching principles: safety is nha cai 188bet highest priority; quality is honor and prestige; progress is a commitment to nha cai 188bet Government, Petrovietnam, and partners; and efficiency is nha cai 188bet ultimate measure of success. nha cai 188bet General Director of BSR expressed confidence that nha cai 188bet project will become a landmark project celebrating new milestones in nha cai 188bet development of Petrovietnam and nha cai 188bet country.

According to nha cai 188bet contract, nha cai 188bet Chengda - BPE consortium will assume nha cai 188bet role of EPC general contractor for detailed design, procurement, construction, installation, and commissioning based on nha cai 188bet technologies established during nha cai 188bet FEED phase. Previously, BSR also signed a Project Management Consulting (PMC) contract with Foster Wheeler to support management and supervision throughout nha cai 188bet project implementation.

nha cai 188bet signing ceremony also demonstrates nha cai 188bet commitment of state management agencies, nha cai 188bet Quang Ngai provincial government, Petrovietnam, BSR, and domestic and international partners to one of nha cai 188bet largest industrial projects in Vietnam today.

BSR and nha cai 188bet EPC contractor consortium are determined to successfully implement nha cai 188bet NCMR Dung Quat Refinery Project. Photo: PVN.

Upon completion, nha cai 188bet Dung Quat Refinery Upgrade and Expansion Project will contribute to enhancing domestic crude oil processing capacity, ensuring a supply of high-quality fuel, increasing adaptability to fluctuations in nha cai 188bet international energy market, and creating momentum for nha cai 188bet development of nha cai 188bet Dung Quat Economic Zone and nha cai 188bet Central region. nha cai 188bet project also contributes to realizing nha cai 188bet goal of making Dung Quat a national petrochemical and energy center, further affirming nha cai 188bet role of Petrovietnam and BSR in ensuring energy security, industrial development, and sustainable growth of nha cai 188bet country.

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