Binh Son Refinery and Petrochemical Co inks US$32 mln credit contract with Vietcombank

03-Oct-11
The Binh Son Refinery and Petrochemical Company, operator of the Dung Quat Oil Refinery has inked a credit contract worth US$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 US$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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