Petrol imports fall across the board during first seven months

Saturday, Aug 10, 2013 11:38

HA NOI (VNS)— Petrol imports have declined in both volume and value, according to the Ministry of Industry and Trade.

Statistics from the ministry showed that during the first seven months of this year, Viet Nam imported about 4.25 million tonnes of petrol valued at nearly $4 billion, decreasing 26 per cent and 28 per cent, respectively, over the same period last year.

The ministry forecast the volume of petrol imports into the country for the full year would not be as high as that of last year.

Viet Nam also needed to speed up work on oil refinery projects, especially at the Nghi Son oil refinery, in an effort to further reduce petrol imports.—VNS


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