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Petrovietnam basically fulfills targets of the first 6 months

Petrovietnam reported on July 13, 2016, that the company organized in Hanoi a Conference to summarize the business activities of the first 6 months and implement the tasks of the last 6 months of 2016.

Petrovietnam basically fulfills targets of the first 6 months Petrovietnam basically fulfills targets of the first 6 months



Petrovietnam reported on July 13, 2016, that the company organized in Hanoi a Conference to summarize the business activities of the first 6 months and implement the tasks of the last 6 months of 2016.

Implementing plans of 2016, in the context that the world and national economy face many difficulties and challenges, especially crude oil maintains its low price, the Group's activities are affected in all aspects, Petrovietnam leaders and employees have united, proactively given respond measures and basically fulfilled the business targets of the first 6 months.

 
Specifically, the entire Group has produced 14.57 mln. tons of oil equivalent, an increase of 6.8% against 6-month plan; produced and supplied 10.74 billion kWh to the national power grid; produced 826.5 thousand tons of fertilizer; produced 3.38 mln. tons of gasoline, an increase of 15.8% against 6-month plan.

Petrovietnam has earned a revenue of 215.6 trillion dong* and contributed 42.2 trillion dong* to the State budget.

 
The scientific, technological and training activities have been implemented actively; the oil and gas security and safety, environmental and labor safety, fire fighting and prevention in the oil and gas projects have been monitored closely and taken seriously. Social welfare has been actively implemented according to the committed amount of 120 billion dong* for the first 6 months of 2016.


Thrift practice, wastefullness combat have been implemented seriously. All member units of the Group have reviewed, reduced costs of the year 2016 appropriate to the context of falling oil and gas prices. As a result,  the Group has reduced 4,741 billion dong* in the first 6 months.

* Exchange Rates on July 14, 2016:  1$= 22373 Vietnamese dong

Source : Neftegaz.RU