Newly built Yodngeum Power Mix Fuel factory in Yodngeum village, Pek district, Xieng Khuang province is expected to produce 100 million litres of oil on an annual basis.
Minister of Industry and Commerce Khampheng Xaysompheng visited the factory last week.
Commenced in September 2021, the construction of the over 30-billion-kip factory is now fully completed and the factory is expected to begin its production soon, according to Vice President of Yodngeum Power Mix Fuel Processing Factory Uthan Tailithi.
With a storage capacity of 2.4 million litres of oil, the factory can process 100 million litres of petroleum products per year by mixing finished diesel with semi finished oil and some chemical in ratios of 60%, 39% and 1% respectively.
The company will also import gasoline to supply in the province and neighboring provinces through the Lao State Fuel Enterprise.
Source: Lao News Agency