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PVEP to produce 0.23 million tonnes of oil equivalent this month – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

by 198 Vietnam News
February 21, 2022
in VIETNAM MANUFACTURE NEWS
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Sư Tử Trắng (White Lion) oil rigs. The PetroVietnam Exploration Manufacturing Company (PVEP) plans to provide an estimated 0.23 million tonnes of oil equal this month. Picture pvep.com.vn

HÀ NỘI — The PetroVietnam Exploration Manufacturing Company (PVEP) plans to provide an estimated 0.23 million tonnes of oil equal, together with 0.18 million tonnes of oil and condensate and 54 million cu.m of fuel, this month.

In January, the State-owned company generated 0.31 million tonnes of oil equal, surpassing the month-to-month purpose by 8 per cent. The amount included 0.21 million tonnes of oil and condensate and 98 million cu.m of fuel, 3 per cent and 22 per cent, respectively, greater than the month’s plan.

The corporate attributed final month’s success to the upper efficiency of quite a lot of oil fields, resembling Sư Tử (Lion), Tê Giác Trắng (White Rhino), Đại Hùng (Large Bear), CNV, RD-PD and Bir Seba.

Its January income exceeded VNĐ3.58 trillion (US$156.81 million), 55 per cent greater than the plan and post-tax revenue reached over VNĐ1.12 trillion. The corporate contributed almost VNĐ1.1 trillion to the State price range.

Its complete output is predicted to succeed in 3.18 million tonnes of oil equal this yr. — VNS



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Tags: BusinessEconomyequivalentLifeMillionmonthNewsOILPoliticsproducePVEPSocietySportstonnesVietnam
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