Vietsovpetro exceeds oil output target

Jul 18, 2001 02:00 AM

The Russian-Vietnamese joint venture Vietsovpetro, in which Russia is represented by Zarubezhneft, extracted 6.832 mm tons of oil in the first six months of 2001, 5 % above target.
Vietsovpetro's board of directors has approved guidelines for the company's development in the 2001-2005 period and up to 2010, as well as the oil output target for 2002.

Source: Neftegazovaya vertikal via NewsBase
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