Engineering News

Vietnam, Venezuela May Build Refinery - Official
Friday, July 11, 2008

Venezuela and Vietnam are discussing energy and oil cooperation, Vietnam state media reported Friday, citing government officials.

"The companies of the two countries will soon start explore oil and gas in the Oricono area of Venezuela, and build an oil refinery in Vietnam," the An Ninh Thu Do newspaper quoted Venezuelan Ambassador Jorge Rondon as saying.

The Dau Tu newspaper, published by the Ministry of Planning and Investment, cited PetroVietnam Chairman Dinh La Thang as saying the two countries are preparing to sign a contract in November to build an oil refinery in southern Vietnam.

The Long Son refinery, which will be built in Ba Ria-Vung Tau province and located about 100 kilometers east of Ho Chi Minh city, will be supplied with crude oil from Venezuela, Thang was quoted as saying.

Source: Dow Jones Newswires

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