Member for

3 years 11 months
Ngày đổi mật khẩu
Fri, 03/22/2024 - 10:37
Submitted by nhathong on Sat, 07/05/2008 - 15:15
The Vietnam National Oil and Gas Group (PetroVietnam) is striving to pump out 15.5-16 million tonnes of crude oil this year, according to PetroVietnam Chairman Dinh La Thang.

He told reporters on July 4 that amidst growing crude oil prices in the world, ensuring exploitation output is the most important to boost export turnover, and make more contribution to the State budget.

To this end, he said, the group is working urgently to tap five oil wells ahead of schedule, including Ca Ngu Vang (Gold Tuna) and Bungaorkid (Malaysia) wells which are expected to bring out the first barrels later this month.

The three other wells are Phuong Dong, Su Tu Vang (Gold Lion) and Song Doc, to be tapped in August and September.

Thang said PetroVietnam is calling for foreign investment in exploring and exploiting oil and gas in potential areas, while seeking overseas investment opportunities and purchase of oil and gas wells in Africa, America, former countries of the Commonwealth of Independent States and Southeast Asia.

The company is finalising negotiations to sign contracts on oil and gas exploration and exploitation in Russia and Venezuela. It also focuses on removing bidding difficulties and ensuring the tempo of projects, particularly key projects.

In the first half of this year, PetroVietnam pumped out 7.19 million tonnes of crude oil and brought ashore 3.62 billion cu.m of gas, achieving 95 percent and 106 percent of its yearly targets, respectively.

The group earned US$5.72 billion from crude oil exports, a year-on-year increase of 55 percent. Its six-month revenue made up 24.7 percent of the country’s gross domestic product (GDP).

VOVNews/VNA

Add new comment

Đăng ẩn
Tắt