AWR Lloyd conducted a comprehensive pre-feasibility study for a Korean consortium in relation to a 300,000 bpd refinery and underground storage project in central Vietnam.

The refinery was intended to supply the Vietnamese domestic market with some exports to China. The work included refinery and crude oil market analysis, indicative refinery configuration (complex), project site selection, investment and operation plans, potential partners and investors, financial analysis and valuation – and a regulatory review.

Following completion of the study, AWR Lloyd worked with the client to present the project and pre-feasibility study to relevant ministries and potential strategic partners.