Petrolimex/JX NOE – Nam Van Phong Refinery – Khanh Hoa - Project Profile
"Petrolimex/JX NOE – Nam Van Phong Refinery – Khanh Hoa - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Vietnam National Petroleum Corporation (Petrolimex) and JX Nippon Oil and Energy (JX NOE) are jointly planning to undertake the Nam Van Phong Refinery project in Khanh Hoa Province, Vietnam.
The project involves the construction of a 10 million tons per annum (MTPA) refinery. It includes the construction of fuel retailing units, distillation unit and hydro-treated and catalytic reformer units and the laying of oil pipeline.
The project's key products will include gasoline, diesel, jet fuel, kerosene and liquefied petroleum gas.
In 2008, the government has approved the project.
In January 2012, Daelim Industrial Company Ltd has signed a memorandum of understanding (MOU) with Petrolimex to become an investor of Van Phong Oil Refinery project.
In December 2014, Petrolimex and JX NOE signed a memorandum of understanding (MOU) to establish a joint venture for the implementation of project.
Feasibility studies are underway and the project is expected to be completed by the second quarter of 2020.
The project involves the construction of a 10MMTPA refinery in Khanh Hoa Province, Vietnam.
The US$8,000 million project includes the following:
1. Construction of a refinery unit
2. Construction of a fuel retailing units
3. Construction of oil pipeline
4. Construction of a distillation unit
5. Construction of a hydro-treated unit
6. Construction of a catalytic reformer unit
7. Construction of a storage facility
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