Nghi Son Refinery

Nghi Son Refinery
Location of Nghi Son Refinery
Country	Vietnam
Province	Thanh Hoa
Coordinates	19°20′32″N 105°47′52″E / 19.34222°N 105.79778°E / 19.34222; 105.79778Coordinates: 19°20′32″N 105°47′52″E / 19.34222°N 105.79778°E / 19.34222; 105.79778
Refinery details
Owner(s)	Petrovietnam, Idemitsu Kosan, Kuwait Petroleum International, Mitsui Chemicals
Capacity	10 million tons per year

Nghi Son Refinery is the second planned oil refinery in Vietnam. It would be located about 200 kilometres (120 mi) south of Hanoi in Tinh Gia District of Thanh Hoa Province. Site-clearing for the project broke ground in 2008. Construction is expected to begin in 2011, and refinery operations are targeted for 2014. Planned capacity is 200,000 barrels per day (32,000 m³/d), slightly greater than that of Vietnam's first Dung Quat refinery.^{[1] [2]} The site-clearing phase entails the resettlement of 350 households with 1,500 people and the surface leveling of the area.

Technical features

Nghi Son refinery would have a designed capacity of 10 million tons of crude oil per year with possibility to increase the capacity to 20 million tons. It is expected to cost US$6.2 billion.^[1] The refinery project will also include petrochemical complex, energy facilities, pipeline and storage systems, and an informatics system. In addition to LPG, unleaded gasoline, kerosene, jet fuel, diesel and FO, the refinery is projected to produce bitumen, propylene and BTX as a raw material for the petrochemical industry.^[3]

The refinery will be supplied with crude oil imports from Kuwait.^[3]

Construction

The design contract is awarded to Foster Wheeler.^[4] The refinery will be built by the consortium, which comprises Saha Regal Best of Thailand, Leighton Holdings, Honeywell and Global Union of Australia, Transkon Group of Malaysia, Jardine Lloyd Thompson Group of the United Kingdom and Kunming No. 1 Construction and Engineering of China.^[5] 70% of the construction costs will be financed through the Japan Bank for International Cooperation. According to Bloomberg, JGC win the EPC Contract to build the refinery in 2011. JGC Group Wins Vietnam Refinery Contract, Nikkei Says http://www.bloomberg.com/news/2010-12-13/jgc-group-wins-vietnam-refinery-contract-nikkei-says-update1-.html

Consortium

The project is developed by consortium of international companies. Petrovietnam holds 25.1%, Idemitsu Kosan and Kuwait Petroleum International each hold a 35.1% each, and Mitsui Chemicals has the remaining 4.7% of shares.^[1] A contract to set up a joint venture was signed on 7 April 2008.^[6]

See also

• Dung Quat refinery

References

1. ^ ^{a b c} "Vietnam To Build Another Refinery with Kuwait, Japan Firms". Downstream Today. 2008-04-07. http://www.downstreamtoday.com/News/Articles/200804/Vietnam_To_Build_Another_Refinery_with_K_9888.aspx. Retrieved 2008-04-26. 
2. ^ "Nghi Son oil refinery and petrochemical project to close EPC contract". Viet Nam Business News. April 7, 2011. http://vietnambusiness.asia/nghi-son-oil-refinery-and-petrochemical-project-to-close-epc-contract-on-april-8. Retrieved April 24, 2011. 
3. ^ ^{a b} "Mitsui Set To Join Vietnam Refinery Project". Downstream Today. 2008-03-17. http://www.downstreamtoday.com/News/Articles/200803/Mitsui_Set_To_Join_Vietnam_Refinery_Proj_9414.aspx. Retrieved 2008-04-26. 
4. ^ Eric Watkins (2008-07-22). "PetroVietnam lets Nghi Son refinery design contract". Oil & Gas Journal. http://www.ogj.com/articles/save_screen.cfm?ARTICLE_ID=334998. Retrieved 2008-08-02. 
5. ^ "Foreign Group Signs MOA To Build Vietnam's 2nd Oil Refinery". Downstream Today. 2008-01-07. http://www.downstreamtoday.com/News/Articles/200801/Foreign_Group_Signs_MOA_To_Build_Vietnam_7955.aspx. Retrieved 2008-04-26. 
6. ^ "Contracts inked to build nation’s 2nd oil refinery". VNS. 2008-04-07. http://vietnamnews.vnagency.com.vn/showarticle.php?num=02ECO080408. Retrieved 2008-04-26. 

External links

• Aerial photo of refinery location
• Nghi Son Refinery construction site photo