Việt Nam is considering tripling the planned capacity of national crude oil reserves as it seeks to raise strategic stocks to 90 days of net imports by 2030, while also expanding petroleum links with Laos.
NSRP is broadening its crude supply base to reduce exposure to Middle East disruptions, while higher refining margins and increased capacity helped the refinery return to profit in 2026.
NSPR has reached 30 million safe man-hours without a lost-time injury, highlighting its sustained focus on workplace safety and operational reliability.
Diversifying crude oil supply sources is considered crucial for Nghi Sơn Refinery and Petrochemical LLC (NSRP) in ensuring stable feedstock supplies and safeguarding domestic fuel supply, particularly as traditional crude imports from Kuwait have been affected by tensions in the...