#Petrovietnam #NghiSonRefinery #DauThoCongo #EoBienHormuz #AnNinhNangLuong #CongNgheDauKhi #VietNam #NSRP #Djeno #Kuwait #Idemitsu #ThiTruongDauMo
If the Strait of Hormuz is completely blocked, will Vietnam have enough oil to maintain economic activity?
While the whole world is concerned that tensions in the Middle East could disrupt oil supplies, Vietnam has quietly taken a strategic step by receiving more than 950,000 barrels of Djeno crude oil from the Republic of the Congo for Nghi Son Refinery and Petrochemical LLC.
This is not only a normal import deal but also a testament to Petrovietnam's increasing ability to adapt to global geopolitical fluctuations.
Strategic Significance Of Oil Blocks From Congo
Djeno oil is exploited in the Gulf of Guinea in the Atlantic Ocean, completely independent of the Hormuz maritime route.
This brings three huge benefits
1. Reduce geopolitical risks in the Middle East
2. Diversify crude oil supply ️
3. Ensuring continuous operation for Nghi Son Refinery and Petrochemical Plant ⚙️
Outstanding Shipment Information
Value Indicator
Djeno oil type
Origin Congo
Volume 950,000 barrels
Arrival date May 13, 2026
Completed unloading May 14, 2026
PVNDB arranging unit
Destination Nghi Son Refinery and Petrochemical Factory
The Huge Scale of Nghi Son
Value Indicator
Total investment capital is 234,000 billion VND
Equivalent to about 9 billion USD
Design capacity is 200,000 barrels/day
Output dCrude oil in 2026 is 12.5 million tons
Petroleum products provide 9 million tons
The proportion meeting domestic demand is about 35%
Compare With Dung Quat Oil Refinery
Factory Design capacity Market proportion
Nghi Son 200,000 barrels/day about 35%
Dung Quat about 148,000 barrels/day about 30%
When operating stably, Nghi Son alone has enough power to directly impact domestic gasoline prices.
Japan Is Also Supporting Vietnam
Idemitsu Kosan plans to supply about 4 million barrels of oil from routes that do not pass through Hormuz.
This number is equivalent to about 10 days of Vietnam's crude oil consumption.
Import Situation in the First 4 Months of 2026
Value Indicator
Total amount of crude oil and petroleum is 8.1 million tons
Import turnover is 130,000 billion VND
Crude oil trend decreases, finished petroleum products increase
️ Vietnam is Building an "Energy Shield"
Importing oil from Congo shows that Vietnam is no longer absolutely dependent on Kuwait or Middle Eastern oil.
Instead, the national energy system is expanding
* Africa
* Atlantic Ocean
* Sources from Japan
* Other global partners
⚠️ Risks Still Exist
Although the strategy is very positive, Vietnam still faces a number of challenges
* Global Brent oil price fluctuations
* Sea freight rates increased sharply
* USD/VND exchange rate
* Risk of logistics disruption
Impact on People and Businesses
If the diversification strategy continues to be successful
* Gasoline prices will be more stable ⛽
* Petrochemical plants operate continuously
* Plastic, chemical, and transportation production chains are guaranteed
* MacroeconomicsThe decline depends on Middle East fluctuations
Estimated Value of Oil Lot
With the assumption that Brent oil is around 65 USD/barrel
950,000 barrels ≈ about 1,600 billion VND
A deal worth trillions of dong but can help protect energy security for the entire country.
Conclusion
Nearly 1 million barrels of oil from Congo arriving at Nghi Son port is clear evidence that Vietnam is proactively building a flexible energy system, not dependent on a single transportation route or country.
In an era of geopolitical fluctuations, countries that control their energy sources well will have great advantages in economic growth and stability.
In your opinion, should Vietnam continue to expand oil imports from Africa to reduce dependence on the Middle East? Please leave a comment below!
#AnNinhNangLuong #Petrovietnam #NghiSon #DauTho #Congo #Hormuz #Kuwait #Idemitsu #CongNgheDauKhi #KinhTeVietNam #ThiTruongDauMo #NangLuongToanCau
