NGHI SON REFINERY AND PETROCHEMICAL COMPLEX PROJECT ACHIEVING READY FOR START-UP DATE

On 28th February, 2018, Nghi Son Refinery and Petrochemical Limited Liability Company (NSRP) has achieved the Ready For Start Up

NGHI SON REFINERY AND PETROCHEMICAL COMPLEX PROJECT

ACHIEVING READY FOR START-UP DATE

Thanh Hoa, 28th February, 2018

The signing ceremony for ready for start up. 

On 28th February, 2018, Nghi Son Refinery and Petrochemical Limited Liability Company (NSRP) has achieved the Ready For Start Up (RFSU) for the Nghi Son Refinery and Petrochemical Complex Project (NSRP Project). This is an important milestone of NSRP Project at which the refinery is capable of taking in crude oil for processing. Achieving this milestone with a satisfactory safety record is a remarkable achievement, given the complexity of this mega project, even by international standards.


The signing ceremony for ready for start up.

Mr. Turki Al-Ajmi, the CEO of NSRP, said "we are very proud to achieve this critically important milestone of the NSRP Project today. The NSRP Project is strategically important to meet the growing domestic demand of Vietnam for refined and petrochemical products driven by rapid industrialization and modernization of the country.

On this occasion, on behalf of NSRP, I would like to thank all the stakeholders in the NSRP Project, including the Government of Vietnam and Thanh Hoa authorities who have provided NSRP Project with a most favourable investment environment. I would also like to thank NSRP's international lenders who are very supportive to NSRP by providing funding to the project. I would like to thank our Sponsors for their strong support and providing us with the man-power and world-class experience enabling the success of NSRP Project.

I would also like to thank our EPC Contractor JGCS and its subcontractors for all the hard work to fulfil the requirements of the EPC contract, the strict international standards of NSRP Project and the strong cooperation with NSRP to achieve this great milestone.

Last but not least and most importantly, I would be extremely grateful for all employees of NSRP who have been working very hard to achieve this milestone and to bring the refinery into operations to produce fuel for the Vietnamese market".


Mr. Turki Al-Ajmi - CEO of Nghi Son Refinery & Petrochemical LLC.

Mr. Junzo Yamamoto, the General Manager of NSRP Refinery, said "I am very excited to be here today after the construction and commissioning of NSRP Project. This is a very important milestone achievement with the world record of health and safety standards leading to the smooth commercial operation of the project. The project now is ready for performance tests and then the operational phase. Following the RFSU, we will try our best to ensure that the start-up and operation of the refinery complex will be safe, smooth and efficient. The first commercial product is expected to be in May 2018".

By achieving the RFSU, NSRP Project as a nationally important mega petroleum project of Vietnam is one more step closer to achieving the strategic goal of helping energy security for the Government of Vietnam.