The PetroVietnam Corporation (PV Oil) has announced that it is building oil storage facilities and a distribution network to enable the sale of 3.2 million tonnes of products from the Dung Quat oil refinery. The nation?s first oil refinery in the central province of Quang Ngai is scheduled to commence operations by the end of [...]
Telloil delay refinery construction
December 12, 2008 by Leave a Comment
LOS ANGELES, Dec. 11 — Technostar Management and its partner Telloil have postponed the construction of a $1.7 billion refinery in central Vietnam due to slow site clearance, according to state media. The Vung Ro refinery, to be owned 51% by Technostar and 49% by Telloil, will be built in Phu Yen province, 1,160 km [...]