While it was rumored that the Dung Quat Oil Refinery had temporarily halted operations, its operator, the Binh Son Refinery and Petrochemical Co Ltd, asserted in a media meeting on Monday that the plant is still running at full capacity. “It’s understandable that such a huge and significant refinery like Dung Quat receives special attention from the public, but some false information has been circulated these days,” CEO Nguyen Hoai Giang told reporters. Dung Quat is the country’s sole oil refinery, the construction of which consumed an enormous investment of US$2.2 billion. The Quang Ngai-based refinery, however, has had to undergo several suspensions for repair and maintenance since it began initial operation in 2009. The latest suspension ran from August 16 to 23, but the refinery has since “been constantly operating without any shutdowns,” the CEO asserted. The fuel commodities produced by Dung Quat are estimated to cover some 30 percent of the domestic consumption, but local fuel wholesalers have reportedly had to increase imports as the refinery supply was unstable. But Giang denied this, saying that although the refinery had to operate below capacity at some points, its supply remained stable as it always informed wholesalers of the reduced supply weeks in advance. “We also had to import 1,000 – 3,000 tons of fuel to make up for the reduction,” he said.Faults are OK As for the number of technical faults the refinery has suffered over the last three years, Giang said it is normal for such a huge plant with millions of parts to break down. “What’s important is we are more experienced in dealing with the faults,” he said. “Technical faults are not something particular to Dung Quat, but common for every plant or refinery in the world.” But he admitted that there are still a few more steps before the refinery is fully completed. “Similar technical faults should be completely solved before we officially take over the refinery from the contractor, Technip, by the end of this year,” he said.
More
![](https://ttnfly.tuoitrenews.vn/325/0/ttnew/r/2024/07/23/lp-rac-da-phuoc-1721439046496139155775-1721705061.jpg)
Ho Chi Minh City landfill overwhelmed
It surpassed its designed capacity by four million metric tons
Highlights
![](https://ttnfly.tuoitrenews.vn/325/0/ttnew/r/2024/07/26/1-1721996519.jpg)
Vietnam's Party General Secretary Nguyen Phu Trong laid to rest in Hanoi
Party General Secretary Nguyen Phu Trong entered into eternal rest at Mai Dich Cemetery in Hanoi on Friday
Photos
![](https://ttnfly.tuoitrenews.vn/185/0/ttnew/r/2021/04/25/mural-1-1619343370.jpg)
Artist paints murals on house to raise awareness of COVID-19 prevention in Hanoi
He drew the virus, vaccine, and earth on the exterior walls of a house
Latest news
![](https://ttnfly.tuoitrenews.vn/185/0/ttnew/r/2024/07/26/1-1721996519.jpg)
Vietnam's Party General Secretary Nguyen Phu Trong laid to rest in Hanoi
Party General Secretary Nguyen Phu Trong entered into eternal rest at Mai Dich Cemetery in Hanoi on Friday
![](https://ttnfly.tuoitrenews.vn/185/0/ttnew/r/2024/07/26/arson-1721996256.png)
French rail network hit by 'sabotage' on eve of Paris Olympics
A fourth attempted act of vandalism south-east of the capital was thwarted by rail workers who spotted intruders in the early hours of Friday
![](https://ttnfly.tuoitrenews.vn/185/0/ttnew/r/2024/07/26/stock-png-1721979683.png)
Vietnam state securities commission proposes allowing foreign investors to trade stocks without full deposits
If foreign investors fail to make full payments, securities companies through which foreign investors make transactions will take responsibility for the payment
![](https://ttnfly.tuoitrenews.vn/185/0/ttnew/r/2024/07/26/z566878121414872ae13dec484da0b0bedf6c4e4f7941d-17219546456022046076025-1721981603.jpg)
Fire destroys 21 electric sightseeing cars in Vietnam’s Hoi An
The blaze broke out at around 4:30 am on Friday
![](https://ttnfly.tuoitrenews.vn/185/0/ttnew/r/2024/07/26/longan-png-1721980373.png)
Long An seeks to build 3 bridges to enhance connectivity in southwest Vietnam
As proposed, Provincial Road 827E will feature three new bridges over the Can Giuoc, Vam Co Dong and Vam Co Tay rivers
![](https://ttnfly.tuoitrenews.vn/185/0/ttnew/r/2024/07/26/drug1-png-1721979173.png)
19-year-old girl detained for transporting 15kg of illicit drugs from Laos to Vietnam
The provincial border guard teamed up with the police in Savannakhet, Laos to arrest two more Vietnamese people for their involvement in the cross-border drug trafficking ring
![](https://ttnfly.tuoitrenews.vn/185/0/ttnew/r/2024/07/26/9-png-1721977891.png)
Thousands of residents queue up for hours to pay tribute to Vietnam’s Party General Secretary Nguyen Phu Trong
Over 5,600 delegations, comprising 252,000 people, paid their final respects to Party General Secretary Nguyen Phu Trong
![](https://ttnfly.tuoitrenews.vn/185/0/ttnew/r/2024/07/26/yqoxnyesnzn3xbsvlnmzfhr364-1721976895.jpg)
OpenAI enters Google-dominated search market with SearchGPT
Shares of Google's parent company Alphabet ended three percent lower on Thursday after OpenAI's announcement
![](https://ttnfly.tuoitrenews.vn/185/0/ttnew/r/2024/07/26/1-png-1721977028.png)
Vietnam Party General Secretary Nguyen Phu Trong’s car makes appearance at his funeral
The car reflected the Party leader’s simple, economical, humble lifestyle, and his devotion to the nation and people
![](https://ttnfly.tuoitrenews.vn/185/0/ttnew/r/2024/07/26/paris-png-1721969077.png)
Paris to kick off 2024 Games under tight security
Some 45,000 police, 10,000 soldiers and 2,000 private security staff will ensure the safety of the parade along the river Seine, its banks and surrounding monuments, in an unprecedented display of security