ADB Forecasts Vietnam Will Produce 15.5MT of Crude Oil Next Year
The Asian Development Bank (ADB) forecast recently that Vietnam will produce 15.5 million tons of crude oil next year.
The volume will be down 3.12% from 16 million tons expected crude oil production this year.
Earlier, the Vietnamese Ministry of Industry and Trade said the country’s crude oil export value for next year is likely to drop 29.37% from this year.
Next year, the state-owned Vietnam Oil and Gas Group (PetroVietnam) expects to export 9.43 million metric tonsof crude oil. (ADB)
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