August 26, 2025 | 16:10

ExxonMobil eyes $10 bln low-emission oil refinery in Khanh Hoa

Minh Huy

The project is expected to locate in the Van Phong Economic Zone.

ExxonMobil eyes $10 bln low-emission oil refinery in Khanh Hoa
(Illustrative image)

Representatives of US energy giant ExxonMobil have conducted a fact-finding tour of Khanh Hoa province in central Vietnam to explore opportunities for a $10 billion oil refinery project in the Van Phong Economic Zone.

According to the group’s preliminary proposal, the complex would comprise a state-of-the-art refinery, a petrochemical plant, storage facilities, a dedicated port, and auxiliary technical areas.

Notably, it would be ExxonMobil’s first low-emission refinery project worldwide.

During the visit, the ExxonMobil delegation surveyed key sites including the Nam Van Phong Port, the Van Phong bonded fuel terminal, and Ninh Tinh village in Dong Ninh Hoa ward.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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