high effect current relief on oil refinery in Vietnam
Vietnam ensures fuel supply despite pressure on key refineries
At the same time, a range of coordinated solutions has been deployed, including boosting crude oil production, seeking alternative feedstock sources for the Nghi Son Refinery, increasing capacity at existing refineries and bringing ethanol and condensate plants into operation. These measures have played a crucial role in offsetting supply shortages and easing market pressure.
How Vietnam kept its fuel lifeline steady during global shocks
Vietnam remains a net importer of fuel. In 2025, the country imported 14.1 million tonnes of crude oil and 9.9 million tonnes of refined petroleum products, with a combined import value of US$14.5 billion, underscoring its exposure to external supply fluctuations despite domestic production and refining capacity.
Vietnam Fuel Tax Elimination Redirects Regional Refining Margins
The tax relief creates temporary demand stimulus in Southeast Asia s third-largest oil consumer, but Vietnam s limited refining capacity means the margin benefit flows primarily to Singapore refiners and regional fuel importers rather than domestic operators.
LD 200T mustard seed oil mill uzbekistan/kazakhstan
LD 200T mustard seed oil mill uzbekistan/kazakhstan is necessary for Corn Germ Oil Plant. With high degree of automation, Maize Germ/ Corn germ Oil Production Line Plant Maize germ/ Corn germ oil is extracted from corn germ, which is one of the most commonly used cooking oil.
Vietnam s Nghi Son refinery has crude oil for uninterrupted operations
Vietnam s largest refinery, Nghi Son Refinery and Petrochemical LLC, said on Wednesday that it had secured sufficient crude oil for uninterrupted operations through to the end of May. The closure of the Strait of Hormuz temporarily affected deliveries of crude oil to the refinery earlier this month ...
Vietnam Refinery Gets Congo Cargo, Sees Stability Through June
Vietnam s largest oil refinery continues to diversify crude supply and is confident that it can maintain stable operations through June, according to a company statement.
Vietnam s Largest Refinery Sees Stable Operations Through June
Vietnam s largest refinery, the Nghi Son Refinery and Petrochemical LLC (NSRP), has confirmed it will maintain stable operations through the end of June 2026. According to a company statement reported by Bloomberg, the facility is actively diversifying its crude oil supply by strengthening cooperation with both domestic and international suppliers across multiple regions.
Vietnam s $3 Billion Refinery Secures 3 Million Barrels of Crude Oil
During the March-May 2026 period, BSR has signed contracts to purchase approximately 3 million barrels of imported crude oil through various sources (Qua Iboe, Bu Attifel, Medanito, and Palanca Blend). Although these sources are not directly in the conflict zone, geopolitical tensions in the Middle East may indirectly impact delivery schedules, transportation costs, insurance, and maritime ...
Vietnam s Oil Sector Faces Supply Squeeze as Kuwait Feedstock Stalls
- Vietnam has transitioned to a net oil importer as domestic production declines, now relying heavily on imports amid geopolitical disruptions. - Closure of the Strait of Hormuz halted 80% of Vietnam s crude imports from Kuwait, creating acute supply risks for its high-capacity refineries. - The government removed fuel import tariffs and adjusted pricing mechanisms to stabilize markets amid ...
BSR Refinery and Petrochemical: Flexibly transforming risks into
Despite the volatile global oil market, Vietnam Refinery and Petrochemical Corporation (BSR) has achieved positive business results by effectively leveraging market developments and implementing a comprehensive set of flexible and optimized management solutions.