PVN achieved 4-month total revenue of more than VND 225 trillion

In the first 4 months of 2019, PetroVietnam and its member units continued to maintain the production pace, effectively implementing the assigned plans and tasks.

Accordingly, most of the production targets of the group the number of exceeded 11% of the plan.

Oil and gas exploitation activities at Ca Tam oilfield .

The financial ratios of the group (total revenue for state budget payment) have been completed in excess of the set targets. Specifically: Total revenue of the 4-month Group is estimated at VND 225.6 trillion. , exceeding 9.5% of the 4-month plan and 36.9% of the yearly plan. State budget remittance of the group is estimated at VND 31.4 trillion, exceeding 8.6% of the 4-month plan and equaling 35.9% of the yearly plan.

Investment projects of the group and its member units are strictly controlled. The group regularly reports to all levels on the progress, difficulties and obstacles in order to have timely solutions to remove and support the group. The work of social security is implemented according to commitments.

In April, PetroVietnam’ Labor Union held the launching ceremony of worker month, Month of Action on Occupational Safety and Health in 2019, commending oil and gas excellent employees. Also in the first 4 months of the year, many group units announced financial statements for the first quarter of 2019 with many signs of prosperity. Annual General Meeting of Shareholders was successfully organized by units.

In the next months, PetroVietnam and its units continued to implement the solutions to response to fluctuation of oil price to complete the plans.

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