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NEWS UPDATES Asean Affairs    October 4  2017  








Vietsovpetro posts gas output of 50 billion cu.m

Vietsovpetro, a giant oil and gas joint venture, posted gas output of 50 billion cu.m after 30 years of operation on Sunday.

Of these, 180 billion cu.m of gas was provided through oil extraction using gas compression technology (gaslift) at Bach Ho-Rong, Tho Trang and Nam Rồng-Đồi Mồi oilfields.

The remaining 32 billion cu. m of gas was compressed by Vietsovpetro ashore, providing for gas and gas industry clusters, such as Phu My Fertilizer Plant, Nhơn Trạch 1, 2, 3, Bà Rịa Power Plant.

Vietsovpetro and members of the Viet Nam National Oil and Gas Group (PetroVietnam) have improved the effectiveness of oil exploitation and usage, contributing to the national energy security.

It has operated gas exploitation, disposal and safe and effective compression, as well as collected all the associated gas at oilfields in the Mekong basin and a part of Nam Côn Sơn basin.

The first gas flow from White Tiger oil field was taken to shore on May 3, 1995. The total compressed air reached one billion cu.m on May 15, 1998. The total compressed air was 20 billion cu.m on March 25, 2008, then up to 30 billion cu.m on October 25, 2011. The total output was 45 billion cu.m on April 15, 2015.

Vietsovpetro was Viet Nam’s first international joint venture to explore oil on the continental shelf and was founded by State-owned Việt Nam Oil and Gas Corporation and Russia’s Zarubezhneft.


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AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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