Dung Quat Refinery receives 1.25 million barrels to keep production running

From August 31 to September 3, the PVT Hera and PVT Mercury tankers delivered around 1.25 million barrels of crude oil, equivalent to nearly 200,000 cubic metres, to Dung Quat Refinery. The crude was sourced from domestic oil fields.

Arranging crude oil supplies during the National Day holiday enabled the refinery to maintain stable operations without disrupting production.

Dung Quat Refinery can currently process 40 types of domestic and imported crude oil, giving it greater flexibility in crude procurement and production planning.

Supplying over 30% of domestic fuel demand

Dung Quat is Vietnam’s first oil refinery. Construction began on November 28, 2005, and the refinery shipped its first commercial products on February 22, 2009. Its designed processing capacity is 6.5 million tonnes of crude oil per year.

Since beginning commercial operations in 2009, Dung Quat Refinery has produced more than 102.7 million tonnes of products, generating over VND1.807 quadrillion in revenue and contributing nearly VND245 trillion to the State budget.

The refinery currently supplies more than 30% of domestic fuel demand, playing an important role in ensuring national energy security.

Together with Nghi Son Refinery and Petrochemical Plant, Dung Quat is one of Vietnam’s two major fuel production facilities. According to the Ministry of Industry and Trade, the two refineries currently produce around 15.5 million tonnes of fuel annually, meeting more than 60% of domestic demand.

This explains why maintaining uninterrupted operations and securing crude oil supplies at Dung Quat has significance beyond the refinery itself. Its output has a direct bearing on domestic fuel supplies and the country’s energy security.

Operating at 124% of capacity in the first seven months

During the first seven months of 2026, Dung Quat Refinery maintained safe, stable and continuous operations at an average equivalent capacity of around 124%.

The refinery produced approximately 4.76 million tonnes of products, reaching 106% of its target, while sales totaled around 4.74 million tonnes, also equivalent to 106% of the plan.

In the same period, Binh Son Refining and Petrochemical JSC (BSR) that operates Dung Quar Refinery reported consolidated revenue of VND120 trillion, consolidated pre-tax profit of VND18.9 trillion and contributions of around VND7.2 trillion to the State budget.

The high operating rate has enabled Dung Quat to increase output as the economy’s energy demand continues to grow, while making effective use of its equipment and its ability to process a wide range of crude oils.

Dung Quat prepares for its next phase of development

Alongside maintaining high operating rates, Dung Quat is undergoing plans for upgrading and expansion. The refinery’s upgrade and expansion project is considered an important undertaking to increase processing capacity and improve the facility’s operational efficiency.

The site clearance and land-filling package for the project was launched on February 2, 2026. By the end of June, nearly 50% of the land-filling work had been completed despite challenges related to material supplies and costs.

The upgrade and expansion are intended not only to strengthen Dung Quat’s capacity but also to support the long-term development of Vietnam’s domestic refining industry.

Under the country’s energy planning orientation, domestic refining capacity is being developed to meet at least 70% of domestic fuel demand.

Meanwhile, BSR is also developing plans for a national oil refining and energy centre in Dung Quat, with the aim of creating a larger ecosystem covering energy, petrochemicals and supporting industries in the future.

From Vietnam’s first oil refinery, Dung Quat has become an important link in the country’s energy supply chain after more than 17 years of operation. The arrival of 1.25 million barrels of crude oil during the National Day holiday period underscores the need for a critical industrial facility to keep running continuously to help secure the energy supply for the economy.

Dung Quat refinery runs above design capacity as expansion project advances

VOV.VN - Vietnam’s Dung Quat oil refinery operated at 124% of its design capacity in the first half of 2026, while its long-planned expansion project has entered the construction phase to strengthen the country's refining capacity and long-term energy security.