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Binh Son Refinery and Petrochemical Company to ink a credit contract with Vietcombank

October 03/2011

(Plastemart) -- The Binh Son Refinery and Petrochemical Company, operator of the Dung Quat Oil Refinery has inked a credit contract worth USD 32 million with Vietcombank. The refinery is located in the central province of Quang Ngai in co-operation from the PetroVietnam Finance Joint Stock Corporation. The loan will be used towards the implementation of a USD 45 mln project on adding crude oil pumps and two crude oil tanks to the refinery. Upon completion, the project will help ensure the stable operation of the refinery, partially meeting market demands for energy.

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