November 22, 2017 | 18:18 (GMT+7)
Thanh Hoa, Japan discuss progress of Nghi Son refinery project
Central Thanh Hoa province will put more focus on solving problems for Nghi Son Oil Refinery project to soon put it into use, said Secretary of the provincial Party Committee Trinh Van Chien on November 21.
Chien made the statement while
meeting with Yota Ona, Director-General of the Natural Resources and Fuel Department
of Japan’s Ministry of Economy, Trade and Industry (METI) to discuss the
construction progress of Vietnam’s
largest refinery and petrochemical complex.
The complex is expected to play a
significant role in the province’s economic development as, once in operation,
it is set to contribute about 30 trillion VND (over 1.32 billion USD) to the
local budget annually, Chien told his guest.
The secretary urged Japanese
contractors to fast-track the project, stressing the need to also build a lake
for treatment of effluent waters from refining to prevent pollution.
He also asked Ono to introduce
investment opportunities in Thanh Hoa to more Japanese investors with an
emphasis on the fields of industry, seaport, transportation, and mining.
The Japanese official, for his part,
asked the provincial government to continue providing favorable conditions for
the project and support Japanese investors in the province.
The 9.2-billion-USD Nghi Son
Refinery will be the second oil refinery in Vietnam, located in Tinh Gia
district of Thanh Hoa, about 200 km south of Hanoi. Construction began in
October 2013 and refinery operations are slated for the last quarter of 2017.
The complex is designed to refine
about 10 million tons of crude oil per year. It received the first batch of
crude oil from Kuwait
in August, 2017.
Source: VNA