Construction will begin on the much-delayed Dung Quat oil refinery – at US$2.5 billion, Vietnam’s largest-ever project – in the central Quang Nam province November 28, an oil official announced.
The project, which included, besides the refinery, a port, storage facilities, and pipelines, was designed to process 6.5 million tons of crude oil annually, or 130,000 barrels per day, Vu Khanh Truong of state owned oil and gas giant Petro Vietnam said.