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Vietsopetro has reached the 5,1 million ton oil production milestone

Vietsopetro has reached the 5,1 million ton oil production milestone - 

According to the Vietnam-Russia Petroleum Joint Venture (Vietsopetro), at 6 am of 14 December, the Joint Venture had completed the  5.1 mil ton oil production mark as planned in 2014.

It is expected to the end of 2014, the total turnover of Vietsopetro will reach US$4.34 billions, contributing to the state budget US $2.28 billions.

It is also informed that, in remaining half a month of the year, Vietsopetro expects to exploit a 260,000 ton oil amount more, increasing the total production of 2014 up to 5.36 million tons (decreasing 196.000 tons, accounting 96.6 percent amount of 2013.

Besides, Vietsopetro has also transported a 1.4 billion cubic meter gas volume ashore (increasing 0.2 billion cubic meters over the yearly plan).

Previously, on November 10, Vietsopetro had completed the whole yearly turnover plan as US$3.86 billions, and it is expected the total turnover up to the end of the year as US$4.34 billions, contributing to the state budget US $2.28 billions.

VietnamEnergy.vn

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