Binh Son Refining and Petrochemical Company (BSR) is actively maintaining efficient operations at the Dung Quat Oil Refinery, especially amid global energy market volatility. Currently, the refinery uses 30-35% imported crude oil mainly from West Africa, the Mediterranean, and the U.S. To mitigate fluctuating oil prices due to conflicts in the Middle East, BSR has signed contracts with ExxonMobil and Chevron to secure stable supplies, with plans to import about 3 million barrels from these two corporations between March and May 2026. BSR is also increasing raw material inventories and adjusting production flexibly, while collaborating with a biofuel plant to supply ethanol for E5 and E10 biofuels, ensuring domestic supply.
Leave a Reply