Vietsovpetro earns over 3 billion USD in revenue
Vietsopetro has reported that it
grossed 3.07 billion USD from oil sale in the first 10 months of this
year, fulfilling its yearly target.
Vietsopetro has reported that it
grossed 3.07 billion USD from oil sale in the first 10 months of this
year, fulfilling its yearly target.
According to
General Director Nguyen Huu Tuyen, during the period, the Vietnam-Russia
oil and gas joint venture has put many oil rigs into operation, which
have helped it produce 120,000 tonnes of oil higher than its
initially-set target.
Tuyen also said the JV will make
greater efforts in the remaining months of the year in order to tap
200,000 tonnes of oil more than the yearly target and achieve a yearly
revenue of 4 billion USD.
The JV expects to contribute 2.28 billion USD to the state budget, 600 million USD higher than the target./.