Thursday , December 8 2022

Dung Quat refinery ramps up production to mitigate fuel shortage


Dung Quat Oil Refinery has increased its production to 109% of capacity to help mitigate the fuel shortages that have plaguing the country in recent months.

The production increase began Wednesday, and, depending on demand and crude oil availability, it could go up to 110%, deputy director of the refinery, Cao Tuan Si, said.

Vietnam’s other refinery, Nghi Son, resumed normal production in April after nearly three months of running below capacity due to a cash crunch.

The Ministry of Industry and Trade has ordered the two refineries, which together meet around 70% of domestic demand, to increase production.

Many localities suffered fuel shortages this month as gas stations ran out of stocks or sold limited quantities as a running battle over commissions with oil companies disrupted supply.

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