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Vietnam's Dung Quat refinery processes first batches of Qua Iboe, Cabinda crudes

Published 25/02/2021, 05:51
Updated 25/02/2021, 05:54
© Reuters.

HANOI, Feb 25 (Reuters) - Vietnam's Dung Quat oil refinery
has started processing batches of Nigeria's Qua Iboe and
Angola's Cabinda crudes on a trial basis, as it seeks a
replacement for shrinking domestic output of Bach Ho crude, a
company spokesperson said on Thursday.
The 130,000-barrel-per-day refinery will test process five
new types of crude oil during the first half of this year, a
spokesman for the refinery's operator, Binh Son Refining and
Petrochemical BSR.HNO , said.
"The move is aimed at making sure that we can process
different types of crude oil," he said. "When and how much of
the new types will be commercially processed depend on market
conditions."
The refinery in the central province of Quang Ngai, which
became operational in 2009, was designed to use crude oil from
the Bach Ho field offshore Vietnam, but output from that field
has been shrinking in recent years.
Dung Quat had previously also processed other types of crude
oil, including West Texas Intermediate (WTI), Bonny Light and
Sokol.
Dung Quat has reduced its jet fuel output due to lower
demand because of the coronavirus pandemic, the spokesman said,
adding it had maintained gasoline production at maximum levels.

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