Dung Quat Refinery Gasoline Commercially Available From June

HANOI -(Dow Jones)- Gasoline from Dung Quat Refinery, Vietnam's first, will be commercially available in the domestic market from June, the Ministry of Natural Resources and Environment said Monday.
The ministry said the refinery will provide between 400,000 and 500,000 metric tons of oil products to the market each month, without giving the figure for gasoline.
A refinery operator said late last month the plant started pumping out gasoline April 29.
He said gasoline is the last of a range of products the refinery produces.
The refinery is owned by state-run Vietnam Oil and Gas Group, also known as PetroVietnam.
The refinery will receive 80,000 tons of domestic crude oil for operations during the three-month period, it said.
PetroVietnam said the refinery will operate at 70% capacity by June and at 100% by August. It is expected to produce 2.6 million tons of petroleum products this year.
The $3.1 billion refinery, located 885 kilometers south of Hanoi in Quang Ngai province, is expected to meet a third of Vietnam's petroleum product needs.
When fully operational, it will be able to produce 1.9 million tons of gasoline, 3 million tons of diesel, 290,000 tons of liquefied petroleum gas, 110,000 tons of propylene, 410,000 tons of jet fuel and 320,000 tons of fuel oil, PetroVietnam said.