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PVN has exceeded the production and business plans of 10 months of 2017

PVN has exceeded the production and business plans of 10 months of 2017 - 

Petrovietnam (PVN) informed that the group has exceeded all the production and business targets from 2.0 to 21% of the plans.

According to PVN's report on business results, the total production of oil equivalent was 21.26 million tons, exceeding 0.2% of the plan of 10 months and equal to 82.4% of the year plan (Y.P) including 13.01 tons of crude oil, exceeding 2.8% of the 10 month plan and equal to 85.6% Y.P; and 8.25 billion m3 of gas, equal to 77.8% Y.P.

Besides, PVN has achieved an increase in oil and gas reserves of 4.0 million tons of oil equivalent, discovered the Ca Trich (Herring lot 11-2) field and put into operation the White Rabbit drilling platform 13 days earlier than planned.

- Power generation was 17.09 billion kWh, equal to 85% of Y.P

- Nitrogen fertilize production was 1.48 million tons, exceeding 10.6% of the 10 month plan and equal to 97.5% of Y.P

- Gasoline production was 5.03 million tons, exceeding 20.7% of the 10 month plan and equal to 74.5% of Y.P

- The total turnover of the group was 404.2 thousand billion VND, exceeding 15% of 10 month plan; equal to 92% of the year plan and increasing 10% in comparison with that at the same time of 2016. Contribution to the budget was 76.1 thousand billion VND, exceeding 2% of the year plan and increasing 7% in comparison with that at the same time of 2016.

In 10 months of 2017, many subsidiaries of PVN as BSR, PV Gas, PV Trans, PV Power, PVCFC and PTSC… kept the rate of production and business, and fairly completed the planned tasks and targets.

VietnamEnergy.vn

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