HÀ NỘI — In 2024, the National Oil and Gas Group (Petrovietnam) has raised its goals from 2023, setting higher targets to ensure continuous growth and sustainable development. The group aims to increase the total oil and gas reserves to 12-18 million tonnes of oil equivalent, exceeding the 2023 plan of 8-16 million tonnes. Other production goals include 1.74 million tonnes of fertiliser, 27.78 billion kWh of electricity, and 5.79 million tonnes of petroleum (excluding Nghi Sơn). The total revenue of the entire Petrovietnam Group is expected to reach VNĐ734.2 trillion (US$30.6 billion), exceeding the 2023 plan by VNĐ56.5 trillion. To achieve these goals, Petrovietnam identifies six core solution groups, including mechanisms and policies, enterprise management, finance, investment, market and technology, training, safety, environment and sustainable development.

Source: Viet Nam News January 15, 2024 13:45 UTC