Companies have the necessary technology to market E10 gasoline.

Increasing domestic supply, reducing pressure on gasoline and diesel imports.

Facing the accelerated deployment of bioethanol E10, the ability of Chinese petrochemical companies to adapt is receiving special attention. Regarding this issue, Mr. Cao Tuan Si, director of the Dung Quat refinery (Binh Son Petrochemical Joint Stock Company), provided precise information on the technological capabilities, infrastructure, and the company’s participation strategy.

– Implementation of a roadmap for blending biofuels with traditional fuels will increase petroleum product supply when biofuels reach 10%. For refineries, how important is the promotion of biofuel use to reduce pressure on oil supply in the current context, sir?

Mr. Cao Tuan Si: Currently, Vietnam has two oil refineries: Dung Quat and Nghi Son. These refineries cover approximately 70% of the domestic demand for petroleum products. However, with the country’s development, demand will increase. In this context, both refineries are operating at full capacity, at 120%. Therefore, the government policy of using E10 gasoline will increase supply, while mineral gasoline refineries are already operating at full throttle.

As a result, the E10 incorporation policy, besides its environmental benefits, will increase national production by 10%, reducing dependence on imports, especially in an unstable global context with limited external supplies. Additionally, the development of biofuels offers refineries the opportunity to increase their production by using them directly and blending them with conventional gasoline.

It is established that the Binh Son refinery and petrochemical plant are ready to blend and supply biofuels to major distributors. From a business perspective, could you tell us if local companies currently have the capacity to blend and supply biofuels nationwide?

Mr. Cao Tuan Si: Biofuels require a blending process similar to that of regular gasoline, but this process requires thermal and environmental isolation. Therefore, companies adopting biofuels must make modifications to their supply systems. These modifications, both in storage and distribution, require time and significant investments to ensure product quality in the market.

Currently, the Dung Quat refinery has implemented solutions to enable blending and distribution of biofuels in the near future. We have also provided fuel to several units in the Central region to ensure the transition of their gasoline distribution systems to biofuels. Thanks to our current systems, we are confident in being able to meet our customers’ demand once the transition to biofuels is implemented.

In the coming months, besides the systems of the Dung Quat refinery, other companies have also started to modify and upgrade their systems to comply with government requirements. I am confident that these companies will be able to meet the state’s supply needs.

(Note: The article discusses the importance of incorporating biofuels to increase domestic production, reduce import dependence, and improve technological capabilities in the petrochemical industry in Vietnam.)