PetroVietnam rakes in over 9 bln USD in first five months

08:28, June 10, 2010      

Email | Print | Subscribe | Comments | Forum 

The Vietnam National Oil and Gas Group, PetroVietnam, brought in a total revenue of 175.8 trillion Vietnamese dong (9.27 billion U.S. dollars) in the first five months of this year, a plunge of 84 percent year-on-year.

The figures were reported at a conference held here on Wednesday to review the group's business performance over the first five months.

Of its revenue, PetroVietnam earned 3.65 billion U.S. dollars from crude oil export turnover, posting a year-on-year climb of 35 percent.

The rise in export turnover was attributed to higher prices of crude oil in the global market, said the group. The price of crude oil in the first five months of this year averaged at 82 U.S. dollars per barrel, 32 U.S. dollars higher than the corresponding period of 2009.

During this period, the national oil and gas group contributed 46.74 trillion Vietnamese dong (2.47 billion U.S. dollars) to the state budget, up 48 percent year-on-year.

PetroVietnam exploited six million tons of crude oil and 3.86 billion cubic meters of gas in the January-May period.

Source:Xinhua

(Editor:黄蓓蓓)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Giant red lantern lights up in Tiananmen Square to celebrate the coming National Day on Oct. 1. (Xinhua/Li Xin)
  • A ceremony is held in Taipei, southeast China's Taiwan, on Sept. 28, 2011, to commemorate the 2,562nd birthday of Confucius (551-479 BC), a Chinese thinker, educationist and philosopher. (Xinhua/Wu Ching-teng)
  • The world's first Boeing 787 Dreamliner for delivery arrives at Haneda airport in Tokyo, capital of Japan, on Sept. 28, 2011. The Boeing 787 Dreamliner, whose buyer is All Nippon Airways (ANA), will implement a flight of ANA on Oct. 26 from Tokyo's Narita Airport to Hong Kong in south China. (Xinhua/Ji Chunpeng)
  • A Libyan National Transitional Council (NTC) fighter shows what is believed to be human jawbone found inside a mass grave near Abu Salim prison in Tripoli, Libya, Spet. 27, 2011. The NTC on Sunday said they had found a mass grave containing the bodies of 1,270 people killed by Gaddafi's security forces in a 1996 massacre at Abu Salim prison in southern Tripoli. (Xinhua/Li Muzi)
  • Rescue workers and local residents search for survivors after a building collapsed in old Delhi, India, Sept. 27, 2011. At least 10 people were killed and 35 injured when an old three-storey building collapsed. More than a dozen people are still feared trapped under the debris, police said. (Xinhua/Partha Sarkar)
  • A visitor has flying experience in the windmill castle of Jinshitan National Holiday resort in Dalian, northeast China's Liaoning Province, Sept. 27, 2011. The castle is a 23-meter-high building with 21 meters in diameter. The castle uses wind tunnel to make objects floating in the air. It is the first indoor stadium in China, which enables people to have flying experience. (Xinhua/Zhang Chunlei)
Hot Forum Discussion