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Vietsovpetro surpasses yearly oil and gas production target
Photo: An oil rig of Vietsovpetro at Bach Ho field. VNA Photo: Huy Hùng
Photo: An oil rig of Vietsovpetro at Bach Ho field. VNA Photo: Huy Hùng
Photo: An oil rig of Vietsovpetro at Bach Ho field. VNA Photo: Huy Hùng
VNA Photos
Vietsovpetro surpasses yearly oil and gas production target
12/29/2020 23:07
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TTXVN
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The Vietnam–Russia oil and gas joint venture Vietsovpetro has reported that its oil and gas output in 2020 is likely to reach 3.42 million tonnes, surpassing the set target by nearly 300,000 tonnes. Regarding the search and exploration work, Vietsovpetro has finished construction of six wells. In 2020, the joint venture’s oil sales reached only about 1.11 billion USD, equal to 81.1 percent of the plan. It contributed nearly 745 million USD to the State budget. Its revenue from outside services and other activities totaled over 213 million USD, while after tax profit hit more than 49 million USD. Vietsovpetro plans to exploit 2.999 million tonnes of oil and condensate, and contributed 519.4 million USD to the State budget in 2021, along with 157 million USD in profit in the year. VNA Photo: Huy Hùng
Vietsovpetro surpasses yearly oil and gas production target
The Vietnam–Russia oil and gas joint venture Vietsovpetro has reported that its oil and gas output in 2020 is likely to reach 3.42 million tonnes, surpassing the set target by nearly 300,000 tonnes. Regarding the search and exploration work, Vietsovpetro has finished construction of six wells. In 2020, the joint venture’s oil sales reached only about 1.11 billion USD, equal to 81.1 percent of the plan. It contributed nearly 745 million USD to the State budget. Its revenue from outside services and other activities totaled over 213 million USD, while after tax profit hit more than 49 million USD. Vietsovpetro plans to exploit 2.999 million tonnes of oil and condensate, and contributed 519.4 million USD to the State budget in 2021, along with 157 million USD in profit in the year. VNA Photo: Huy Hùng
Vietsovpetro surpasses yearly oil and gas production target
The Vietnam–Russia oil and gas joint venture Vietsovpetro has reported that its oil and gas output in 2020 is likely to reach 3.42 million tonnes, surpassing the set target by nearly 300,000 tonnes. Regarding the search and exploration work, Vietsovpetro has finished construction of six wells. In 2020, the joint venture’s oil sales reached only about 1.11 billion USD, equal to 81.1 percent of the plan. It contributed nearly 745 million USD to the State budget. Its revenue from outside services and other activities totaled over 213 million USD, while after tax profit hit more than 49 million USD. Vietsovpetro plans to exploit 2.999 million tonnes of oil and condensate, and contributed 519.4 million USD to the State budget in 2021, along with 157 million USD in profit in the year. VNA Photo: Huy Hùng
Vietsovpetro surpasses yearly oil and gas production target
The Vietnam–Russia oil and gas joint venture Vietsovpetro has reported that its oil and gas output in 2020 is likely to reach 3.42 million tonnes, surpassing the set target by nearly 300,000 tonnes. Regarding the search and exploration work, Vietsovpetro has finished construction of six wells. In 2020, the joint venture’s oil sales reached only about 1.11 billion USD, equal to 81.1 percent of the plan. It contributed nearly 745 million USD to the State budget. Its revenue from outside services and other activities totaled over 213 million USD, while after tax profit hit more than 49 million USD. Vietsovpetro plans to exploit 2.999 million tonnes of oil and condensate, and contributed 519.4 million USD to the State budget in 2021, along with 157 million USD in profit in the year. VNA Photo: Huy Hùng
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