Vietsovpetro production hits 50 billion cu.m of gas

The production of Vietsovpetro, the oil and gas joint venture between Vietnam – Russia, reached 50 billion cu.m of gas on October 1 after 30 years of operation.
Vietsovpetro production hits 50 billion cu.m of gas ảnh 1CNTT-3 platform in Bach Ho field (Source: VNA)

Hanoi (VNA) – The production of Vietsovpetro, the oil and gas jointventure between Vietnam – Russia, reached 50 billion cu.m of gas on October 1 after30 years of operation.

According to Vietsovpetro, of the volume, 18 billion cu.m of gas was suppliedfor the firm’s gas lift-based crude oil exploration in the oil fields of HoTrang (White Tiger), Rong (Dragon), Tho Trang (White Rabbit), and Nam Rong –Doi Moi.

The rest of 32 billion cu.m of gas was brought ashore, supplying forthe gas-fuelled industrial clusters, such as the Phu My Fertiliser Plant,Nhon Trach Power Plants 1, 2, 3; and Ba Ria Power Plant.

Over the past 30 years, Vietsovpetro has safely, effectively operated andcollected all associated gas from fields in the Cuu Long Basin and part of the associatedgas from the Nam Con Son Basin.

The first volume of associated gas from the White Tiger field was broughtashore on May 3, 1995.

The total volume of gas brought ashore by Vietsovpetro exceeded one billion cu.mon May 15, 1998. The figure reached 20 billion cu.m on March 25, 2008; 30billion cu.m on October 25, 2011; and 45 billion cu.m on April 15, 2015.-VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.