Tags: dung quat

Hundreds of million USD fuel plants face closure

Hundreds of million USD fuel plants face closure

The national oil and gas group PetroVietnam, which has insisted on building biofuel plants as part of a biofuel development strategy, has halted the operation of the Dung Quat bio-ethanol plant.

PetroVietnam bio-fuel plant halted

PetroVietnam bio-fuel plant halted

Bio-Ethanol Dung Quat, a bio-fuel factory owned by the Vietnam Oil and Gas Group (PetroVietnam), has halted operations due to continuing losses.

Fuel supply forecast to outpace demand in 2018

Fuel supply forecast to outpace demand in 2018

Though Dung Quat oil refinery can meet only one-third of domestic demand, the Vietnam National Oil and Gas Group (PVN) has predicted that oil and gas supply could exceed demand in 2018.

MPI warns PetroVietnam proposal may create monopoly

MPI warns PetroVietnam proposal may create monopoly

The proposal by the national oil and gas group PetroVietnam to force domestic enterprises to buy petroleum products from domestic sources will create a monopoly, the Ministry of Planning and Investment (MPI) has warned.

Dung Quat oil refinery seeks tax break

Dung Quat oil refinery seeks tax break

Vietnam National Oil and Gas Group (PetroVietnam) is seeking approval to lower tax rates at the Dung Quat Oil Refinery because of a lack of competitiveness against imported fuels.

Meet the new face of Vietnam’s oil industry

Meet the new face of Vietnam’s oil industry

(VOV) - Japan's top oil refiner, JX Nippon Oil & Energy Corp, has unveiled plans to go ahead with refinery projects in Vietnam as it seeks to expand in overseas markets to offset shrinking domestic demand.

Vietnam lowers import duties on fuel products

Vietnam lowers import duties on fuel products

The Ministry of Finance recently lowered import tariffs on some fuel products in a move to stabilize domestic retail prices before an environment tax increase this May.

PetroVietnam feels concerned for impending FTAs

PetroVietnam feels concerned for impending FTAs

Vietnam’s oil giant PetroVietnam has just raised concerns over the country’s impending implementation of free trade agreements, claiming this could negatively affect budget contribution of the country’s first oil refinery at Dung Quat and the profitability of the group.

Dung Quat oil refinery plant embarks on expansion

Dung Quat oil refinery plant embarks on expansion

(VOV) -Dung Quat oil refinery plant is set to expand its operation to increase production capacity from the current 6.5 million tonnes to 8.5 million tonnes in the next few years, announced the management board of Dung Quat industrial zone (IZ) in central Quang Ngai province on January 23.

Heavy investment poured into Dung Quat EZ

Heavy investment poured into Dung Quat EZ

(VOV) -Three additional projects are expected to receive investment license to operate in Dung Quat Economic Zone (EZ) in central Quang Ngai province at the end of this year, with a total capitalization of more than VND4,000 billion.

Russia, Vietnam foster legislative cooperation

Russia, Vietnam foster legislative cooperation

(VOV) - Bilateral cooperation between the Vietnam National Assembly (NA) and the Federation Council of the Russian Federation (FCRF) has been consolidated and flourished in recent years.

Central region holds the key to economic growth

Central region holds the key to economic growth

(VOV) -Endowed with beautiful beaches and modernised seaports, the central region has many advantages to transform into a thriving and prosperous coastal urban area, said Deputy Prime Minister Nguyen Xuan Phuc.

Revised zoning plan for Dung Quat seaport 2 approved

Revised zoning plan for Dung Quat seaport 2 approved

(VOV) -The Ministry of Transport has enacted a revised zoning plan increasing the number of ports at the Dung Quat deep water seaport No2 in Dung Quat Economic Zone (EZ) in central Quang Ngai province to 27 by 2030.