Vietnam’s BSR Seeks $600 Million in International Financing for Dung Quat Refinery Expansion

BSR (Binh Son Refining and Petrochemical), a refining and petrochemical company under Vietnam’s Petrovietnam, is reported to have sent a request for proposal (RFP) to banks and international financial institutions seeking approximately $600 million in international loans to finance the expansion and upgrade of its Dung Quat refinery. The RFP is reported to have been […]

Vietnam’s Dung Quat Refinery Awards $1.49 Billion Expansion and Upgrade EPC Contract

Binh Son Refining and Petrochemical (BSR), a subsidiary of Vietnam’s state oil and gas company Petrovietnam, announced on July 9, 2026 that it has awarded an EPC (Engineering, Procurement and Construction) contract worth approximately $1.49 billion for the expansion and upgrade of the Dung Quat refinery in central Quang Ngai province. The contract was awarded […]

Chinese Consortium Holds Kick-Off Meeting for Vietnam’s Dung Quat Refinery Upgrade EPC

The EPC (Engineering, Procurement and Construction) contract for the upgrade and expansion of Vietnam’s Dung Quat refinery has reportedly moved into full execution following a kick-off meeting. The project owner is Binh Son Refining and Petrochemical Corp. (BSR), and construction is being carried out by a consortium of China’s China Chengda Engineering and Beijing Petrochemical […]

Vietnam’s Dung Quat Refinery Seeks $600 Million in Financing for $1.49 Billion Expansion

Vietnam’s Binh Son Refining and Petrochemical Company (BSR) has begun a $600 million financing process for the expansion and upgrade of the Dung Quat refinery, it is reported. The total investment for the expansion project is approximately $1.489 billion, of which the EPC (Engineering, Procurement and Construction) contract portion accounts for around $1.2 billion. The […]