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Vietnamese Nghi Son refinery restarts after blackout

March 01/2021

MOSCOW (MRC) -- Vietnam's Nghi Son refinery has restarted after a shutdown on 12 February because of a blackout, a company spokesman said on Thursday, adding that it is investigating the cause, according to Hydrocarbonprocessing.

Thus, it resumed production in the middle of the third week of February.

Vietnam's biggest oil refinery, the USD9-B Nghi Son, started commercial operations in late 2018, and has a capacity of 200,000 bpd.

"The refinery will be fully operational in days, around a week," and the shutdown had not caused any damage, said a source with direct knowledge of the matter, who sought anonymity in the absence of authorization to speak to the media.

The refinery, located 260 km (160 miles) south of Hanoi, is 35.1% owned by Japan's Idemitsu Kosan Co, 35.1% by Kuwait Petroleum, 25.1% by PetroVietnam and 4.7% by Mitsui Chemicals Inc.

Nghi Son and the 130,000-bpd Dung Quat refinery, which started production in 2009, together meet about 70% of Vietnam's demand for refined oil products.

As MRC reported earlier, Nghi Son Refinery & Petrochemical (NSRP) is planning a major overhaul at its polypropylene (PP) unit in Vietnam in June 2021. The production capacity of the company's PP line is 370,000 tons/year. And the entire complex will be shut in 2023 for maintenance.

According to MRC's ScanPlast report, PP shipments to the Russian market reached 1 240,000 tonnes in 2020 (calculated using the formula: production, minus exports, plus imports, excluding producers' inventories as of 1 January, 2020). Supply of exclusively PP random copolymer increased.
Author:Margaret Volkova
Tags:PP, crude and gaz condensate, PP random copolymer, petrochemistry, Nghi Son Refinery&Petrochemicals (NSRP), NSRP, Vietnam, Russia.
Category:General News
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