Petrovietnam Refining And Petrochemical Corporation.HOSE: BSR

Vietnam's Binh Son refinery changes name to Petrovietnam Refining and Petrochemical

· Issued by Petrovietnam Refining And Petrochemical Corporation.

Vietnam's first oil refinery has officially changed its name to Petrovietnam Refining and Petrochemical Corporation from Binh Son Refining and Petrochemical HOSE:BSR, it said on Monday.

  • The company operates a 130,000-barrel-per-day refinery in central Vietnam.

  • The refinery started commercial operations in 2009 and currently meets around 30% of Vietnam's fuel needs.

  • The company is 92% owned by Vietnam's state energy group Petrovietnam.

  • The company said last month it had secured crude oil for the refinery to operate until early July, amid global supply disruptions caused by the Iran war.