Vietsovpetro eyes 5.1m tonnes of oil this year

Monday, Jan 06, 2014 08:00

Photo vungtauoil

HA NOI (Biz Hub)— The Viet Nam-Russia oil and gas joint venture Vietsovpetro has set a target of pumping 5.1 million tonnes of oil this year, 300,000 tonnes less than 2013.

The company had pumped 5.56 million tonnes of oil in 2013, 156,000 tonnes higher than the yearly target and contributing US$3 billion to the State budget.— VNS

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