TABLE-Vietnam's refineries and petchem projects

Fri Feb 20, 2009 12:06pm GMT
 
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 Feb 20 (Reuters) - Vietnam has taken the first step towards
fuel self-sufficiency with the launch of its 140,000-bpd Dung
Quat refinery on Sunday.
 The Southeast Asian country has also been inviting foreign
oil companies to invest in refineries and petrochemical plants
as part of efforts to reduce Vietnam's reliance on imports and
to achieve its target of becoming self-sufficient by 2015.
 Following is a list of refinery and petrochemical projects
under implementation in Vietnam:
 For related story, click on: [ID:nSP175350]
PROJECT/INVESTORS              INVESTMENT    YEAR     CAPACITY
                                        COMPLETED Dung Quat
refinery             $3.00 bln     2009    140,000 bpd
Petrovietnam Nghi Son refinery              $6.00 bln     2011 
  200,000 bpd Petrovietnam/KPI/Idemitsu Long Son refinery      
    $7.00 bln     2015    240,000 bpd Petrovietnam/PVDSA~
Vung Ro refinery               $1.70 bln     2012     60,000
bpd Technostar Management/Telloil Van Phong refinery           
 $4.80 bln      ---    200,000 bpd Petrolimex/unknown partner#
Can Tho refinery               $540 mln      2013     40,000
bpd Vien Dong Co, Semtech Ltd        Long Son petrochemical
complex $3.70 bln     2013        --- Siam Cement Phu Yen
naphtha cracker        $1.50 bln     2014        ---
 SP Chemicals Ethanol plant                  $100 mln     
2009        ---
Petrosetco/Itochu Ethanol plant                  $138 mln   
---        ---
 Petrosetco/Bronzeoak
 ~ State oil producer Petrovietnam officials said the group had
yet to finalise a joint-venture contract with Venezuela's
PVDSA, which was originally planned for November 2008.
 # State oil distributor Petrolimex, which commands 60 percent
of the domestic market, has been negotiating with foreign
partners including China's Sinopec and  Saudi Aramco, according
to state media.
 (Sources: government web site (www.chinhphu.vn), Planning and
Investment Ministry (www.mpi.gov.vn), Industry and Trade
Ministry (www.moit.gov.vn), Petrovietnam and other companies)
 (Compiled by Nguyen Nhat Lam; Editing by Ramthan Hussain)

 

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