National Assembly Chairwoman Nguyen Thi Kim Ngan (R) shakes hands with executives of PetroVietnam at the working session on January 17 (Photo: VNA)Hanoi (VNA) – National Assembly (NA) ChairwomanNguyen Thi Kim Ngan had a working session with the Vietnam National Oil and GasGroup (PetroVietnam) in Hanoi on January 17, promising to handle difficultiesin terms of policies and laws facing this sector.
The top legislator recognised the firm’sachievements last year, including surpassing the crude oil exploitation targetand restructuring its apparatus. It contributed more than 120 trillion VND(over 5 billion USD) to the State budget despite numerous difficulties.
She said PetroVietnam’s activities have helpedensure energy security for national socio-economic development,industrialisation and modernisation.
The Party and State highly value the group’simportant role in national development and defence, she noted, adding that theNA pays special attention to issuing the revised Petroleum Law and perfectingthe legal system relating to oil and gas activities.
Ngan asked the group to build on what it hasattained and take into account the domestic and international situation whileperforming its tasks.
The Chairwoman pledged to seriously considerpolicy obstacles facing PetroVietnam, asking the NA’s specialised committees tohandle the problems under their jurisdiction so as to help the firm’s projectsbe carried out on schedule.
Chairman of PetroVietnam’s Members Council TranSy Thanh affirmed that the whole staff of the group will keep solidarity andmake more efforts to fulfil their tasks.
At a recent meeting reviewing its performancelast year, PetroVietnam reported that it exploited 23.98 million tonnes of oilequivalent, including 13.97 million tonnes of crude oil, respectively up 5percent and 5.6 percent from the set targets. Meanwhile, 10.01 billion cubicmetres of gas was exploited.
It produced 1.63 million tonnes of nitrogenfertiliser, rising by 5.7 percent from last year’s target.
PetroVietnam also surpassed financial targets asit earned 626.8 trillion VND in revenue, up 18.1 percent and 25.9 percent fromthe set target and the previous year, respectively. It contributed about 121.3trillion VND to the State budget, up 64.3 percent and 24.3 percent.-VNA
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