Vietnam’s largest refinery Nghi Son Refinery says ‘lengthy shutdown’ not required

HANOI, Jan 30 (Bloomberg): Vietnam’s largest oil refinery said its partners have agreed to a "short-term proposal” that will allow it to maintain stable operations and avoid a "lengthy shutdown,” according to an emailed statement from Nghi Son Refinery & Petrochemical LLC.

Nghi Son sought financial assistance from the Vietnamese government and the plant was at risk of shutting if the company was unable to secure funding, people familiar with the matter said last week.