Vietnam to import additional 2.4 million cu m of petroleum products in Q2

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An employee pumps petrol into a car at a petrol station in Hanoi

HANOI – Vietnam will import an additional 2.4 million cubic metres of petroleum products in the second quarter to compensate for a fall in domestic output, the industry and trade ministry said on Friday.

The Southeast Asian country has been facing a petroleum supply shortage after its largest refinery cut its production rate last month after shareholders disagreed over financing for crude oil procurement.

(Reporting by Khanh Vu; Editing by Clarence Fernandez)