According to BSR Deputy General Director Bui Ngoc Duong, thanks to the sound operation, the company was able to take advantage of an increase in prices of global crude oil, and better crack margin.
Flexible adjustments have been made to the Dung Quat Oil Refinery’s operation so as to optimise the output of RON 95, RON 92 and diesel, while reducing the amount of Jet-A1 fuel since demand for the fuel remained weak due to the COVID-19 pandemic.
Duong added, with the regular maintenance of the plant, the refinery’s Energy Intensity Index (EII) reached 103 percent in the first two months, helping cutting energy consumption and production costs.
With a view to diversifying input materials at competitive prices for the Dung Quat Oil Refinery, the BSR tested two new kinds of crude oil, Qua Iboe of Nigeria and Cabinda of Angola.
Duong said the company is going to export 250 tonnes of Homo PP Yarn T3045. Earlier, it shipped 150 tonnes of Homo PP Yarn T3050 abroad, helping improve efficiency of production and business activities.
VNA/VNP