sbobet com complex - a joint venture involving Vietnamese, Japanese, and Kuwaiti partners - is one of sbobet com 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 sbobet com site on Sunday, Prime Minister Pham Minh Chinh was told by sbobet com Nghi Son complex's general director Kazuaka Yamato that sbobet com 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, sbobet com complex has scaled back petrochemical output and shifted focus toward fuel production, particularly jet fuel, he noted.
Despite stable operations, sbobet com complex's management called on sbobet com 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 sbobet com domestic market amid volatile global energy prices, they argued.
Welcoming sbobet com 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 sbobet com refinery.
sbobet com government is seeking to facilitate oil shipments through critical routes such as sbobet com Strait of Hormuz, a key transit corridor affected by geopolitical tensions.
sbobet com cabinet leader also urged sbobet com 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 sbobet com 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 sbobet com complex.
sbobet com government chief has instructed local authorities to expedite land clearance and directed Petrovietnam to be ready to implement sbobet com project under urgent conditions. In addition, sbobet com government is considering additional gas storage infrastructure in sbobet com area to further strengthen energy resilience.
By Hai Yen - Theinvestor.vn