Xinhua - English
Vietnam has added to the growing list of oil refineries under construction. Vienam has been exporting oil and importing finished products. Its new 2.5 Billion Dollar refinery will be the right size to eliminate its needs for imports.
Just another look at the market at work. The current price of oil and finished products is high enough to spur production and refinement. Note, the article did not talk about a completion date but I suspect it will take more than two years to build.
Monday, October 17, 2005
Xinhua - English
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