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PVEP's State budget contribution surpasses 43% of set target - Vimarsana News

PVEP's State budget contribution surpasses 43% of set target

Wednesday, 13:01, 05/05/2021 The PetroVietnam Exploration Production Corporation (PVEP), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), contributed nearly VND2.3 trillion (US$99.8 million) to the State budget in the first four months of 2021, or 43% higher than the set plan. Oil rigs at Bach Ho field In the period, the corporation exploited 1.2 million tonnes of oil equivalent, 5% higher than the plan. Its total revenue surpassed VND8.8 trillion, 35% higher than the plan. In April, PVEP continues maintaining safe production, with no accidents occurring in its projects. ...