PetroVietnam’s crude oil output surpasses target by 24.2 percent in January
The Vietnam Oil and Gas Group (PetroVietnam)’s oil exploitation output in the first month of 2022 reached 0.93 million tonnes, exceeding its set target by 24.2 percent.
Hanoi (VNA) - The Vietnam Oil and Gas Group(PetroVietnam)’s oil exploitation output in the first month of 2022reached 0.93 million tonnes, exceeding its set target by 24.2 percent.
The figures were released at a regular meeting of the group heldvirtually on February 14.
As heard at the event, with overall business and production achievements,plus high oil prices, PetroVietnam’s financial indicators in the month grew significantlycompared to the same period last year. The group's total revenue was estimatedat 60.8 trillion VND (2.67 billion USD), exceeding 36 percent of the monthlyplan and increasing by 43 percent on-year.
Meanwhile, the firm’s contribution to the Government’s budgetwas around 8.4 trillion VND, up 44 percent and 42 percent compared to themonthly plan and the same period in 2021, respectively.
Its consolidated pre-tax pr🐻ofit was about 6.2 trillion VND,2.9 times highe♏r than the monthly plan and 2.5 times higher than the sameperiod last year./.
The Vietnam Oil and Gas Group (PetroVietnam) has reported that its oil and gas exploitation output reached 9.97 million tonnes between January and November, surpassing its target for the entire year by 2.5 percent.
The Vietnam Oil and Gas Group (PetroVietnam) reported that it had met its revenue target in 2021 two months ahead of schedule, generating 620.2 trillion VND (over 27.1 billion USD), surpassing the yearly plan by 26.4 percent, and up 28 percent year-on-year.
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Oil rigs at Bach Ho field. (File photo: VNA) 
