Vietnam first petrol plant &biggest fertilizer plant to be built
Ha Noi, Mar. 7 (VNA) -- Viet Nam's first petrol plant and biggest nitrogenous fertilizer plant will be built in southern Ba Ria-Vung Tau province.
A contract to build the 340,000 tonne-per-year petrol plant was signed between the Gas Processing and Business Company and the joint venture company between the Machinery Installation and Construction Company 45-1 and Taiwan's CTCI Corporation on Mar. 6.
Construction of the petrol plant is estimated to cost USD 17 million and is scheduled to be completed in 2003.
The plant will be fed with oil from Bach Ho and Nam Con Son oil fields.
Meanwhile, construction of the 740,000 tonne-per-year nitrogenous fertilizer plant will start on Mar. 12.
The USD 486 million fertilizer plant will be put into operation in 2004 and will use fuel from Cuu Long and Nam Con Son fields.--VNA
