The Vietnam-Russia Oil and Gas Joint Venture (Vietsovpetro) has fulfilled its yearly plan of exploiting 5.1 million tonnes of crude oil, the Vietsovpetro’s 44th Council meeting reported on December 15.
The Vietnam-Russia Oil and Gas Joint Venture (Vietsovpetro) hasfulfilled its yearly plan of exploiting 5.1 million tonnes of crude oil,the Vietsovpetro’s 44th Council meeting reported on December 15.
Vietsovpetroplans to pump up an additional amount of 260,000 tonnes of crude oil inthe remaining half of this month, increasing this year’s total outputto 5.36 million tonnes. However, the figure is 196,000 tonnes lower thanthat of 2013.
Besides, the venture provided over 1.4 billion cubic metres of gas, up 0.2 billion cubic metres as planned.
Vietsovpetroalso fulfilled its yearly target revenues of 3.86 billion USD andexpects to rake in 4.34 billion USD for the whole year.-VNA
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