Petrovietnam says supertanker with Iraqi oil arrives at refinery port
Supertanker Agios Fanourios I, carrying nearly 2 million barrels of Iraqi crude oil, has arrived at the port of Vietnam's largest refinery, Vietnam's state energy firm Petrovietnam said.
The cargo of Basrah Medium crude, which earlier passed the Strait of Hormuz, is for the operations of Nghi Son Refinery, Petrovietnam said in a statement.
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Reuters reported last month that the Maltese-flagged Very Large Crude Carrier was heading for Vietnam after it was held by the U.S. Navy for five days in the Gulf of Oman.
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"In the context of the global energy supply chain being impacted by complex developments in the Middle East, securing crude oil supplies for domestic refineries is of particular importance," Petrovietnam said in its statement.
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The 200,000-barrel-per-day refinery, which processes crude oil sourced almost entirely from Kuwait, has suffered supply disruptions since March due to the Iran war.
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Japan's Idemitsu Kosan Co and Kuwait Petroleum both hold 35.1% stakes in the refinery, with 25.1% held by Petrovietnam and 4.7% belonging to Mitsui Chemicals Inc.
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