The Dung Quat Economic Zone’s Management Board has approved the first phase of a project to build an oil depot with a capacity of 600,000 m3 and a total registered capital of US$340 million.
The project is a key component of a strategy to ensure an adequate supply of petrol for socio-economic development and national energy security.
The depot to be built on an area of 40 ha at the eastern industrial park of the Dung Quat Economic Zone, follows an earlier depot constructed in Long Son, Ba Ria- Vung Tau province.
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