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If Dung Quat continues to increase capacity, expand storage and accelerate shipments as currently, will Vietnam get closer to being the largest petrochemical refining center in Southeast Asia?
The fact that Vietnam Refining and Petrochemical Corporation BSR officially put the project to upgrade and expand the DO and Jet-A1 tank truck export stations into operation is not simply a technical item. This is a strategic step in the context of continuously increasing domestic fuel demand, especially in the fields of transportation, industry and aviation.
After completion, Dung Quat Oil Refinery's road export capacity increased from about 2,000 m3/day to 2,900 m3/day, equivalent to an increase of 45%. This helps shorten waiting time to receive goods, speed up tank truck turnover and improve the ability to meet large orders during peak times.
Table of changes in sales capacity
Category Before upgrade After upgrade
Road export capacity 2,000 m3/day 2,900 m3/day
Gain - +45%
Tank truck export station 4 stations 6 stations
Ability to serve 4 or 6 vehicles simultaneously
It is worth noting that this move occurred at the time when BSR was operating Dung Quat Oil Refinery far beyond its designed capacity.
Some outstanding indicators of Dung Quat in 2026
Value Index
Operating capacity in the first quarter of 2026 123.5%
Output qI/2026 2.03 million tons
The target for the whole year 2026 is 8.3 million tons
KTU workshop capacity 144% - 145%
Jet A-1 jet fuel meets more than 30% of domestic demand
Not only increasing shipments, BSR also continuously expands crude oil storage capacity, increases the capacity of important workshops and prepares to put new crude oil tanks into operation. This shows that the business is building a complete refining and petrochemical ecosystem instead of just focusing on simple production.
Project investment scale
βββββββββββββββββββββββ
β 25.8 BILLION VND β
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Total investment capital for the DO and Jet-A1 export station expansion project.
In the regional petrochemical refinery race, Dung Quat is currently not only competing with Nghi Son domestically but also facing large-scale petrochemical refinery complexes in Singapore, Malaysia and Thailand.
However, Dung Quat's biggest advantage is its ability to continuously expand on existing infrastructure, along with its location as a logistics center in Central Vietnam.
Compare strategic positions
Dung Quat Nghi Son criteria
Current scalability Very High Average
The energy ecosystem is expanding strongly and is stable
Link to national energy center Oriented Not featured
New infrastructure investment 2025-2026 Continuously more limited
Further, Dung Quat is oriented to become a National Energy and Petrochemical Refining Center. When the upgrade project is completed, the plant's capacity is expected to reach about 171,000 barrels/day, equivalent to 7.6 million tons of products per year.
In the context of global oil and gas market fluctuationsDue to geopolitical conflicts, unpredictable oil prices and a sharp increase in aviation fuel demand after the pandemic, BSR's acceleration of infrastructure investment shows a very clear message.
Dung Quat is no longer just an oil refinery.
Dung Quat is being built to become a strategic energy center of Vietnam in the new period.
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