(Source: Enternews) – 4 new oil fields, namely Diamond, Thang Long, Dong Do and Dua, have been put into operation by Petrovietnamsince early this year.

Dua oil field

The Vietnam Oil and Gas Group disclosed that the productionproductivityof July 2014 was 2.22 million tonnes of oil equivalents (3% exceeding the set plan) and the total productivity of the first 7 months was 16.09 million tonnes, equal to 62.6% the Government’s year plan, 2.2% increase year on year.

Petrovietnam has put into operation 4 new oil fields (namely Diamond, Thang Long, Dong Do, and Dua)since early this year.

In July 2014 alone, Petrovietnam produced 1.11 billion kWh of electricity (reaching 143% of the set plan), 113 thousand tonnes of fertilizer (110% of the set plan), and 426 thousand tonnes of various gasoline types.

As such, in the first 7 months of 2014, Petrovietnam produced 9.55 billion kWh of electricity (61% of the set plan), 2.88 million tonnes of gasoline (62% of the set plan), and 949 thousand tonnes of fertilizer (62% of the set plan). Of which, Phu My and Ca Mau Fertilizer Plants produced 500 thousand tonnes and 449 thousand tonnes, respectively. After the second overall maintenance, Dung Quat Oil Refinery Plant resumed its operation and achieved full capacity since July 11, 2014. Total productivity of 7 months of Dung Quoc Oil Refinery Plant reached 2.94 million tonnes, equal to 61% of the year’s plan.

In the first 7 months, total revenueof PVN was VND 434 trillion, equal to 121% of July’s target and 65% of the year’s plan. PVNcontributed VND 98.6 trillionto the State Budget, equal to 124% of July’s target and 70% of the year’s plan, 1.8% increaseyear on year. Besides, Petrovietnam contributed VND 350 billion for social welfare activities; accelerating thrift practice, saving about VND 1,900 billion.


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