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PetroVietnam's total revenue hits 18.22 bln USD in 11 months

Xinhua, December 6, 2016 Adjust font size:

Vietnam's National Oil and Gas Group (PetroVietnam) had total revenue of 406.2 trillion Vietnamese dong (18.22 billion U.S. dollars) in the first eleven months, some 5.4 percent higher than estimation.

According to a report by PetroVietnam on Tuesday, the group collected 79.6 trillion Vietnamese dong (3.57 billion U.S. dollars) to the state budget, 8 percent surpassing the 11-month target and makes up 99 percent of the whole year's plan.

From January to November, PetroVietnam exploited some 25.46 million tons of oil, 2.03 million tons higher than the 11-month target and accounts for 99.3 percent of the whole year's target.

Meanwhile, the group produced some 19.23 billion kWh electricity, accounting for 101.5 percent of 11-month target and 95 percent of the whole year's target.

At the same time, it produced 1.47 million tons of fertilizers and 6.26 million tons of petroleum, said the report. Enditem