Vietnam may heavily rely on West African crude as domestic output falters | Hellenic Shipping News Worldwide
Vietnam may heavily rely on West African crude as domestic output falters Vietnam is poised to actively venture into Africa to secure a regular dose of light and medium sweet crude supply for the coming years, as the country’s domestic crude production continues to decline due to naturally aging fields, while state-run Binh Son Refining and Petrochemical, or BSR, finds Nigerian and Angolan grades cheaper than Southeast Asian oil. BSR, the operator of the 148,000 b/d Dung Quat refinery in central Vietnam, is under pressure to find a steady stream of feedstock supply from external sources as ...
Source: hellenicshippingnews.com