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Vietnam Oil and Gas Group holds the Conference to review 2014 activities and implementation of 2015 plan

16/01/2015

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On 16 January 2015, PetroVietnam Oil and Gas Group held the Conference to review 2014 activities and implementation of 2015 plan with the participation of over 600 representatives. Deputy Prime Minister Hoang Trung Hai, Minister of Industry and Trade Vu Huy Hoang, senior leaders of the Party, State, and Government, and other leaders from central ministries and industries joined the Conference. Attendees from Vietnam Oil and Gas Group included Mr. Nguyen Xuan Son – Secretary of Party Committee and Chairman of  BOD, Mr. Nguyen Quoc Khanh –President and CEO, members of BOD, Management Board, leaders of departments/offices of PVN, and PVN’s former leaders. Deputy Prime Minister Hoang Trung Hai, BOD Chairman Nguyen Xuan Son, and President and CEO Nguyen Quoc Khanh jointly presided over the Conference.

2014is considered as a tough year with many difficulties, the economy has not yet fully recovered, the situation in the East Sea remained complicated…, PVN, with its utmost resolve and effort, has fulfilled and exceeded the overall plan for all targets and assigned tasks in term of absolute and relative figures and time. Especially, the domestic crude oil production has exceeded the annual plan by1.18 million tonnes, contributing to the national GDP growthin 2014; and despite the sharp tumble of oil price in 4th Quarter 2014, further constraining the effort of Budget contribution, PVN still surpassed the budget contribution target by VND 37.6 trillion,significantly helping the Government balance the national Budget.

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