oil refinery plant press vegetable oil processing in vietnam

   
oil refinery plant press vegetable oil processing in vietnam
                                               
                                               
                                               
                                               
  • oil refinery plant press vegetable oil processing in vietnam
Will Vietnam's oil refining capacity quadruple by 2023?

Vietnam¡¯s total oil refining capacity will nearly quadruple by 2023 as two new refineries go on stream, market data provider Fitch Solutions reports. - VnExpress International

Why is Vietnam building a third oil refinery?

Vietnam is seeking to build its third oil refinery to meet domestic consumption demand as the country is facing a supply shortage and soaring energy prices, deputy prime minister, Le Van Thanh told a parliament meeting.

How many refinery plants are there in Vietnam?

Two refinery plants in Vietnam were put into operation in 2009 and 2018, according to the government, but both only meet around 70% of domestic demand. With this new plant, Thanh said Vietnam's total capacity would reach 23 MMm 3, which was expected to be enough for domestic use.

Where is Vietnam's new oil plant located?

The plant, which is set to be located in the southern province of Vung Tau, has a design capacity of 10 MMm 3 (3.5 MMtpy), Thanh said. Vietnam's state oil firm PetroVietnam is drafting investment procedures, which it aims to complete by this October, he said.