Vietnam's Binh Son refinery signs deal with SOCAR Trading for crude oil supplies
5/8/2025 2:00:00 PM
Vietnam's Binh Son Refining and Petrochemical said it had signed an agreement with Azerbaijan's SOCAR Trading for long-term crude oil supplies.
Binh Son has been using Azeri crude oil at its 130,000-bpd Dung Quat refinery in central Vietnam for years, the company said in a statement, without giving further details about the new deal.
The refinery has bought 31.7 million barrels of Azeri crude oil for around $2.55 billion since 2010, it said.
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