Russia’s Gazprom Neft to Refine Oil in South-East Asia in 2014

December 2, 2013

Russian oil company Gazprom Neft will expand to the refinery market of South-East Asia in 2014, the company said in a statement on November 29 following its board of directors meeting, Prime has reported.

“Gazprom Neft currently refines oil abroad at its plants in Serbia and Belarus. The company plans to enter the South-East Asian market in 2014,” Gazprom Neft said.

The company plans to buy 49% in Binh Son Refining and Petrochemical which owns a refinery in Vietnam.

Copyright: Prime, 2013