The Viet Nam Oil and Gas Group (PetroVietnam)’s oil exploitation output in the first month of 2022 reached 0.93 million tonnes, exceeding its set target by 24.2 per cent.
The ongoing exploitation of petroleum resources in Viet Nam threatens to outpace exploration of new sites, which could lead to a in the country’s oil and gas output.
Viet Nam National Oil and Gas Group (PetroVietnam)’s financial targets surpassed assigned plans, with the group earning VND367 trillion (US$16.15 billion) in revenue in the first nine months of 2017.
The Viet Nam Oil and Gas Group (PVN) reported revenues of VND247.1 trillion (US$10.8 billion) in the first half of the year, exceeding 15 per cent of the group’s six-month target, equal to 56 per cent of its yearly goal.