keo sbobet complex - a joint venture involving Vietnamese, Japanese, and Kuwaiti partners - is one of keo sbobet country’s largest oil refining facilities, with a designed capacity of about 200,000 barrels per day, or roughly 10 million tons a year.
Under normal conditions, it supplies around 35% of Vietnam’s domestic fuel demand, while also producing petrochemical products for regional markets.
During a visit to keo sbobet site on Sunday, Prime Minister Pham Minh Chinh was told by keo sbobet Nghi Son complex's general director Kazuaka Yamato that keo sbobet plant has been operating at full capacity throughout March and has secured sufficient crude feedstock to sustain optimal operations through May.
To prioritize domestic energy needs, keo sbobet complex has scaled back petrochemical output and shifted focus toward fuel production, particularly jet fuel, he noted.
Despite stable operations, keo sbobet complex's management called on keo sbobet local government to support access to financing and ensure more flexible crude supply sourcing. They proposed tax relief on certain feedstocks to ease cost pressures. Such measures would help ensure stable supply to keo sbobet domestic market amid volatile global energy prices, they argued.
Prime Minister Pham Minh Chinh meets with representatives of Nghi Son Refinery and Petrochemical Complex in Thanh Hoa province, central Vietnam, March 29, 2026. Photo courtesy of keo sbobet government's news portal.
Welcoming keo sbobet proposals, Prime Minister Pham Minh Chinh praised efforts by stakeholders to secure crude supply. He said that Vietnam will continue working with international partners to ensure stable input flows for keo sbobet refinery.
keo sbobet government is seeking to facilitate oil shipments through critical routes such as keo sbobet Strait of Hormuz, a key transit corridor affected by geopolitical tensions.
keo sbobet cabinet leader also urged keo sbobet project stakeholders to diversify crude supply sources, describing it as both an urgent priority and a long-term solution.
As part of broader energy security efforts, Vietnam plans to fast-track construction of a strategic crude oil reserve near keo sbobet Nghi Son complex. Authorities are studying a storage facility with capacity of about one million tons on a 60-hectare site in Hai Binh ward, adjacent to keo sbobet complex.
keo sbobet government chief has instructed local authorities to expedite land clearance and directed Petrovietnam to be ready to implement keo sbobet project under urgent conditions. In addition, keo sbobet government is considering additional gas storage infrastructure in keo sbobet area to further strengthen energy resilience.
By Hai Yen - Theinvestor.vn