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Dung Quat Refinery’s Expansion
The Dung Quat Refinery’s Expansion Project is an initiative to increase the refinery's capacity up to 8.5 million tons per year, improve energy efficiency, and meet stricter environmental standards.
Capacity: 6.5 - 8.5 million tons/year
Location: Dung Quat Economic Zone, Binh Son district, Quang Ngai province
Owner: Binh Son Refining and Petrochemical JSC
Investment cost:
Total: $1.49 billion
Financing source: $503 million from equity, $987 million from loan
FEED (Front-End Engineering Design):
Contractor: Amec Foster Wheeler (Wood Group)
Value: $25.6 million
Duration: 7 months
Planned EPC construction time: 37 months
Expected COD: 2028
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