PetroVietnam to Export 8.35M Tons of Crude Oil in H1

The state-owned oil monopoly PetroVietnam group plans to export 8.35 million metric tons of crude oil in the first six months of this year, up 18 per cent on-year, which will complete 103 per cent of the target for the period and 69 per cent of the full-year target, PetroVietnam officials said at a press conference on June 18.

 

The group expects to rake in US$3.38 billion from outbound shipments of crude oil between January and June, accounting for 111 per cent of the period target and 77 per cent of the full-year target, the Vietnam Economic Times Newspaper said Friday, citing PetroVietnam figures.

 

In June, the oil monopoly group plans to export 1.37 million tons of crude oil valued at US$675 million, the meeting was told.

 

This year, the group has planned to export 11.68 million tons of crude oil and condensate. (Vietnam Economic Times)