PetroVietnam signs deals with Uzbeks
The Vietnam National Oil and Gas Group
(PetroVietnam) announced it had signed three new contracts at a press
conference on Feb.4.
The Vietnam National Oil and Gas Group
(PetroVietnam) announced it had signed three new contracts at a press
conference on Feb.4.
The contracts included two oil and gas exploration and extraction deals at Block 105-110 and Block 04-2, and another at Kossor in Uzbekistan.
The group reported a total revenue of nearly 27 trillion VND (1.5 billion USD) in January, up 36 percent against the same period last year.
Of this, 730 million USD came from crude oil exports. The average sale price of oil was 80.5 USD per barrel, representing an increase of 38 USD over last year.
Over the previous year, PetroVietnam churned out 1.2 million tonnes of crude oil, 770 million cu.m of gas, 60,000 tonnes of fertiliser, 940 million KWh of electricity and 276,000 tonnes of petrol products.
Construction of the two oil rigs, BK-14 and BK-15, is currently underway in southern Ba Ria-Vung Tau Province. The total investment capital has been reported at 550 million USD.
The group expects a revenue of 24 trillion VND in February from the production of 1.13 million tonnes of crude oil, 620 million cu.m of gas, 60,000 tonnes of fertiliser, 760 million KWh and 330,000 tonnes of petrol products./.
The contracts included two oil and gas exploration and extraction deals at Block 105-110 and Block 04-2, and another at Kossor in Uzbekistan.
The group reported a total revenue of nearly 27 trillion VND (1.5 billion USD) in January, up 36 percent against the same period last year.
Of this, 730 million USD came from crude oil exports. The average sale price of oil was 80.5 USD per barrel, representing an increase of 38 USD over last year.
Over the previous year, PetroVietnam churned out 1.2 million tonnes of crude oil, 770 million cu.m of gas, 60,000 tonnes of fertiliser, 940 million KWh of electricity and 276,000 tonnes of petrol products.
Construction of the two oil rigs, BK-14 and BK-15, is currently underway in southern Ba Ria-Vung Tau Province. The total investment capital has been reported at 550 million USD.
The group expects a revenue of 24 trillion VND in February from the production of 1.13 million tonnes of crude oil, 620 million cu.m of gas, 60,000 tonnes of fertiliser, 760 million KWh and 330,000 tonnes of petrol products./.
You should also see
Millions of children in Vietnam protected by vaccination over 40 years: UN agencies
Millions of children in Vietnam have been protected by immunisation over the past 40 years, said the World Health Organisation (WHO) and UNICEF offices in Vietnam on April 25 when they mark the World Immunisation Week from April 24-30.
See more
Business
Petrol prices decrease slightly on April 25
The retail prices of petrol were adjusted down from 3pm on April 25 by the Ministry of Industry and Trade and the Ministry of Finance.
Business
Vietnamese canned sugarcane juice favoured in US
The first cases of Vietnamese canned sugarcane juice have hit supermarket shelves in Miami, the US state of Florida.
Business
Labels on foods exported to Singapore must be accurate: Trade counselor
Counsellor Cao Xuan Thang, head of the Vietnam Trade Office in Singapore, has advised Vietnamese exporters to pay attention to labeling pre-packaged food products to ensure their credibility and image of businesses when exporting to the Singaporean market.
Business
April 25 gold bullion auction cancelled
The State Bank of Vietnam (SBV) has announced that it canceled the gold bullion auction scheduled for April 25 morning as only one business submitted its bidding form.
Business
High airfares create chance for short-distance trips for Reunification Day holiday
Due to a hike of air ticket prices for domestic flights, Vietnamese tourists are turning to short-distance trips for the upcoming National Reunification Day (April 30) and May Day (May 1) holidays.
