8 September 2014
Details
Reference is made to the notification to
the Stock Exchange of Thailand on May 15, 2013,
in relation to the Detailed Feasibility Study (“DFS”) of
the fully integrated refinery and petrochemical complex in Vietnam,
which PTT has got an approval by
the Government of Vietnam to conduct a DFS
on May 31, 2013.
PTT would like to inform that the DFS,
which includes the details study in commercial,
technical, financial, social and environmental impact,
as well as strategies and partner selection,
was completed and officially submitted to
Vietnam’s Ministry of Industry and Trade and
the government of Vietnam on September 8, 2014.
From the DFS, the optimum
* crude processing capacity is 400,000 barrels per day,
* producing 260,000 barrels per day of
refined petroleum products and
* 5 million tons of petrochemical products annually.
This project will require
an estimated capital investment of around USD 22 Billion.
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