Chairman of the Vietnam National Oil and Gas Group (PetroVietnam) Phung Dinh Thuc said in Hanoi on January 7, 2014 that the Group in 2013 has basically exceeded the targets and tasks as planned.
Accordingly, total sales of member units reached VND762.86 trillion, increasing of 18 percent of the year’s plan, and contributing VND195.4 trillion to the State budget, increasing 4.5 percent compared to that of 2012 as well as VND46.8 trillion (around US$2.22 billion) of the year’s plan.
Total profit pre- tax reached VND62.8 trillion, equal to 127.5 of the year’s plan.
Notably, the Group achieved the reserves amount of 35.6 million tons equivalent to 101.7 percent of the year’s plan; 4 new oil and gas contracts and 7 agreements; and 9 mines/projects have been put into operations.
Of these figures, total oil production of 2013 estimated at 26.46 million tons, equal to 105 percent of the year’s plan. In particular, oil production reached 16.71 million tons, equal to 104.4 percent of the year’s plan, and gas production reached 9.75 billion cubic meters, equal to 106.0 percent of the year’s plan.
Besides, fertilize production of the leading petroleum company in Vietnam also reached 1.60 million tons, equal to 105.4 percent of the year’s target.
Total revenue of oil and gas services activities in 2013 was VND236.3 trillion, equal to 103 percent of the year’s plan, and accounting for 31 percent of the Group’s total revenue.
In 2014, PetroVietnam targets to increase the reserves to 55 - 61 million tons and exploit the equivalent amount of 26.63 million tons. So far, the Group has delivered a plan covering 12 typical solutions to member units to their active implementation from the very beginning of the year.
It will continue strictly control the oil and gas activities in East Sea; progress of exploration, development and deployment mining projects in 2014; and ensure completing the reserves and production of oil and gas volume as planned.
CPV
Vietnamese
