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Hanoi (VNA) –
Regardless of difficulties within the first 5 months of this yr, the Vietnam Oil and Fuel Group (PetroVietnam) managed to extend its
manufacturing, contributing to making sure nationwide vitality safety.
At a latest assembly, PetroVietnam Common
Director Le Manh Hung famous that the Russia-Ukraine conflicts have exceeded 100
days, inflicting a disruption in provide chains and pushing up the costs of vitality and
meals, in addition to transportation, supplies and gear, affecting PetroVietnam’s
operation.
In the meantime, the reserve of all outdated oil wells are falling, whereas nearly all of newly-exploited wells are small in scale.
Nonetheless, with nice efforts in sustaining
and growing its manufacturing, the agency’s Might crude oil exploitation
reached 0.92 million tonnes, exceeding its goal for the month by 18 p.c.
The consequence pushed the manufacturing within the first 5 months of this yr to 4.55
million tonnes, surpassing the plan by 22 p.c and finishing 52 p.c of its
yearly purpose.
The manufacturing and provide of different merchandise
reminiscent of fuel, electrical energy and nitrogen had been additionally excessive, assembly the
market’s demand. Petroleum manufacturing (excluding the output of Nghi Son
Refinery Plant) hit 578,900 tonnes in Might and a couple of.79 million tonnes within the first 5
months, exceeding the goal for the month by 6 p.c, equal to 45
p.c of the yearly goal. Nitrogen manufacturing reached 150,200 tonnes in Might
and 776,400 tonnes within the first 5 months, he famous.
Hung underlined that due to secure
enterprise and manufacturing operation, the agency loved constructive monetary
outcomes.
Within the first 5 months of 2022,
PetroVietnam’s income was estimated at 372.2 trillion VND (16 billion USD),
exceeding the set goal by 63 p.c and fulfilling 67 p.c of the yearly
plan, representing an increase of 58 p.c yr on yr. It paid 52.8 trillion VND
to the State funds within the interval, he added.
Together with dashing up the implementation
of main initiatives, together with the Thai Binh 2 thermal energy plant which was put
into operation on Might 12, PetroVietnam additionally strengthened worldwide
cooperation actions in oil and fuel actions in addition to vitality transition
and digital transformation, mentioned Hung./.
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