Fertiliser production during January-July reached 969,000 tonnes(Photo: VNA) Hanoi (VNA) – The Vietnam Oil and Gas Group (PetroVietnam) reportedrosy business operation in the first seven months of the year, exceeding itsset plan and on the way to achieve annual target, despite considerable risksinvolved in the global economy.
During January-July, the group earned 17.8 trillion VND (765.4 million USD) inafter-tax profit, exceeding 32 percent of the set plan and representing 94percent of the yearly plan. It contributed 61.8 trillion VND (2.65 billion USD)to the state budget, 46 percent above the planned amount, and 83 percent of theyearly plan.
Total oil and gas output in the period was14.48 million tonnes, exceeding the assigned amount by 4.6 percent and representing63.4 percent of the whole year’s goal.
Fertiliser production in the period reached 969,000 tonnes, 4.5 percent higherthan the initial goal, and 63 percent of the annual target. Meanwhile, petrolproduction for the reviewed period reached 4.85 million tonnes, exceeding theset plan by 6 percent.
Since the three production lines of the Dinh Vu polyester plant becameoperation on April 20, the group has produced 640 tonnes of fibres so far, andearned 9.5 billion VND (408,500 USD) from exporting 246 tonnes of fibres.
The company generated 13.48 billion kilowatts of electricity, or 62.5 percentof the yearly plan.-VNA
VNA
