BSR, a unit of Vietnam's state-owned Petrovietnam, has entered into a crude oil supply agreement with ExxonMobil. The deal is specifically designed to support the operations of the Dung Quat refinery.
Under the terms of the agreement, ExxonMobil is committed to supplying a minimum of 2 million barrels of crude oil annually to BSR. This volume is intended to ensure a steady supply of feedstock for the Dung Quat refinery.
In addition to the agreement with ExxonMobil, BSR has also established a framework pact with Chevron. This framework agreement is also intended to facilitate crude supply for the Dung Quat refinery.