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Vietnamese Dung Quat refinery processes first batch of Russian Sokol crude

August 13/2020

MOSCOW (MRC) -- Vietnams Dung Quat oil refinery has processed its first batch of Russian Sokol crude oil on a trial basis, as it seeks a replacement for shrinking domestic Bach Ho output, reported Reuters with reference to the refinery's operator Binh Son Refining and Petrochemical.

The 130,000-barrel-per-day refinery imported more than 710,000 barrels of Sokol crude oil last month to mix with other types of crude oil for the test run, Binh Son said in a statement, adding that Sokol accounted for 20% of the mix and Bach Ho crude 29%.

The processing of Sokol crude oil is an important milestone in Dung Quat refinerys efforts to diversify its crude oil sources, Binh Son said.

The processing result has shown that Bach Ho crude oil can be replaced in the future.

The refinery in the central province of Quang Ngai, which became operational in 2009, was designed to use crude oil from the Bach Ho field offshore Vietnam.

Output from that field has been shrinking in recent years, however, prompting the owner of the refinery, state-run PetroVietnam, to look for imports and plan to upgrade the facility.

Last year, Dung Quat processed its first batch of West Texas Intermediate (WTI) and Bonny Light crude oil.

PetroVietnam said Dung Quat would import 8 million to 10 million barrels of these two types of crude this year.

The refinery will shut down later this week for maintenance until early October.

As MRC informed earlier, Nghi Son Refinery & Petrochemical (NSRP) shut its polypropylene (PP) unit on 21 June, 2019, owing to technical issues. The exact duration of the shutdown could not be ascertained. Besides, the company conducted a scheduled maitenance at this unit from 22 October, 2019, to end-November, 2019.

We also remind that Vietnams Nghi Son oil refinery officially began commercial production from 14 November 2018, following months of tests. The USD9 billion refinery is 35.1 percent owned by Japans Idemitsu Kosan Co, 35.1 percent by Kuwait Petroleum, 25.1 percent by PetroVietnam and 4.7 percent by Mitsui Chemicals Inc.

According to MRC's DataScope report, PP imports into Russia rose in the first six months of 2020 by 21% year on year to 105,300 tonnes. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports.


mrcplast.com
Author:Margaret Volkova
Tags:PP, crude and gaz condensate, homopolymer PP, petrochemistry, Vietnam, Russia.
Category:General News
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