Permanent Deputy Prime Minister Nguyen Sinh Hung has allowed the Viet Nam Oil and Gas Group (PetroVietnam) and partner Idemitsu to speed up its work on the Nghi Son refinery and petrochemical industrial complex project.
The new complex is being built on 325 ha of land in Nghi Son commune, Tinh Gia district of the central province of Thanh Hoa and will cost close to 2.5 billion USD to complete.
The project has been split into two phases. The first stage includes the construction of an oil refinery with an annual capacity of 7 million tonnes of crude oil, a polypropylene plant with an annual manufacturing capacity of between 150,000-350,000 tonnes and a polyester fibres plant that is expected to pump out 260,000 tonnes a year.
All three of the plants to be housed inside the complex are expected to be operational by 2008.
The new complex is being built on 325 ha of land in Nghi Son commune, Tinh Gia district of the central province of Thanh Hoa and will cost close to 2.5 billion USD to complete.
The project has been split into two phases. The first stage includes the construction of an oil refinery with an annual capacity of 7 million tonnes of crude oil, a polypropylene plant with an annual manufacturing capacity of between 150,000-350,000 tonnes and a polyester fibres plant that is expected to pump out 260,000 tonnes a year.
All three of the plants to be housed inside the complex are expected to be operational by 2008.
BajaeNergyBLOG
OiL,Baja
eNergy
BLOG
