At the Dung Quat Oil Refinery Plant (Source: VNA)Hanoi (VNA) - The Dung Quat Oil RefineryPlant, operated by the Binh Son Refining and Petrochemical Company (BSR), producedmore than 1.1 million tonnes of products in the first two months of 2019 using 108percent of its designed capacity.
BSR’s revenue in the period hit 13.65 trillion VND (586.3 million USD), contributing1.59 trillion VND (68.2 million USD) to the State budget.
BSR said the firm has operated stably in the context of unpredictable changesof crude oil prices in the world market.
According to S&P Global Platts Insight Magazine - a specialised magazine on world oil and gas published in Singapore, the oilprice tended to increase at the end of February and the beginning of March, so BSR'sprofit is forecast to rise.
For efficient production in March and beyond, BSR will continue focusing oncontrolling production costs, optimising production and reducing crude oil consumptionfor processing.
It is also optimising the operation of Dung Quat oil refinery plant by adjustingthe product structure, focusing on maximising the amount of highly effectiveproducts.
Inaddition, BSR has also taken measures such as minimising operating expenses, applying technicalimprovement innovation and reducing storage, along with management and macro administrationsolutions, aiming to achieve good profit in the first quarter of 2019.-VNA
VNA
