Thread: i guess there must be tons of oil in Vietnam
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Old 03-23-2005, 01:00 AM  
Manowar
jellyfish  
 
Join Date: Dec 2003
Posts: 71,528
Funny you mention that.

Quote:
By the end of August, the oil industry had exploited 17.6mil tonnes of equivalent oil, including 13.5mil tonnes of crude oil and 4.3bil cu. m of gas, fulfilling 75.8% of the yearly plan.

The news was released by the Vietnam Oil and Gas Corporation (PetroVietnam) recently.

Oil exports were estimated at 13mil tonnes, gaining US$3.5bil worth export turnover, fulfilling 120% of the targeted plan, and an increase of 43% over the same period of the last year. Gas products have met part of the demand, helping to reduce import volumes.
http://english.vietnamnet.vn/biz/2004/09/255648/
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