ty le ca cuoc 188bet Dung Quat refinery upgrade project enters a new phase of development.

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

National key project enters implementation phase.

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

BSR General Director Nguyen Viet Thang: ty le ca cuoc 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 ty le ca cuoc 188bet plan, ty le ca cuoc 188bet project will be implemented within 37 months from ty le ca cuoc 188bet effective date of ty le ca cuoc 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 ty le ca cuoc 188bet energy market.

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

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

Modern technology provides ty le ca cuoc 188bet foundation for sustainable development.

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

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

ty le ca cuoc 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). ty le ca cuoc 188bet selection of modern technological solutions contributes to ensuring operational efficiency, product quality, and compliance with environmental standards.

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

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

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

BSR and ty le ca cuoc 188bet EPC contractor consortium are determined to successfully implement ty le ca cuoc 188bet NCMR Dung Quat Refinery Project. Photo: PVN.

Upon completion, ty le ca cuoc 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 ty le ca cuoc 188bet international energy market, and creating momentum for ty le ca cuoc 188bet development of ty le ca cuoc 188bet Dung Quat Economic Zone and ty le ca cuoc 188bet Central region. ty le ca cuoc 188bet project also contributes to realizing ty le ca cuoc 188bet goal of making Dung Quat a national petrochemical and energy center, further affirming ty le ca cuoc 188bet role of Petrovietnam and BSR in ensuring energy security, industrial development, and sustainable growth of ty le ca cuoc 188bet country.

www.vietnam.vn/en