Petrovietnam managed to achieve high growth across all financial indicators despite negative impacts caused by dropping crude oil prices on its production and business activities in May. Petrovietnam’s production activities remained safe and stable, ensuring the supply of essential products and contributing to socio-economic stability. In the first five months of the year, all production targets exceeded plans by 3.5-35.7%, including crude oil extraction at 4.19 million tonnes, gas extraction at 2.91 billion cubic metres, fertiliser production at 797,000 tonnes, electricity generation at 12.98 billion kWh and petrol production (excluding the Nghi Son Refinery Plant) at 2.32 million tonnes. Notably, Petrovietnam’s electricity production in May and the first five months exceeded targets.

Source: Vietnam News Agency