Ho Chi Minh City
Mekong

Vietnam to consume 14 million tonnes of oil in 2009

Viet Nam is expected to consume approximately 14 million tonnes of petrol and oil in 2009, an increase of 1 million tonnes compared to 2008, according to the Ministry of Industry and Trade.

When the Dung Quat oil refinery is operational in mid February 2009, the imported volume of petrol and oil will fall to around 12 million tonnes.

The ministry has also asked the fertilizer, chemical and oil and gas sectors to speed up the implementation of the Ninh Binh, Bac Giang and Ca Mau nitrogenous fertilizer projects and operate the existing plants at full capacity to ensure a minimum of 0.95 million tonnes of urea for agricultural production.

Vietnam needs 7.8 million tonnes of fertilizers this year. It will produce 0.93 million tonnes of urea and import an additional 0.75 million tonnes. (VOV)

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