PVEP enjoys over 14.3 trillion VND in six-month revenue hinh anh 1Oil and gas platforms in Bach Ho oil field(Photo: VNA)

Hanoi (VNA) – The PetroVietnam Exploration Production Corporation (PVEP) reported revenue of 14.35 trillion VND (623.59 million USD) in the first six months of 2021, equivalent to 144 percent of its target.

In the first half of this year, the firm, a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), enjoyed over 2 trillion VND in after-tax profit.

It paid more than 3.63 trillion VND to the State budget, equivalent to 151 percent of its target.

According to the firm, in the period, it exploited 1.78 million tonnes of oil equivalent, reaching 106 percent of its goal, along with 493 million cu.m of gas, competing 96 percent of its target./