Petrovietnam press conference announced the results of production business in the first quarter of 2013

REPORT-PRESS CONFERENCE

The implementation of the plan the first quarter of 2013and the central task of the second quarter of 2013
Implementing the plan tasks in 2013, from November to December 2012, PetroVietnam has assigned the plan for 2013 for each member unit; The results of business activities of PetroVietnam in the first quarter of 2013 as follows:
I. The situation of production and business operations in the first quarter of 2013
PetroVietnam has completed exceeded all the targets and tasks of the plan in the first quarter of the year 2013 and have high growth rates compared with the same period in 2012
II. General Assess
In the first quarter of 2013, essentially all of the units in PetroVietnam are keeping good business production pace; the unit members had completed the task, indicators planned out. The work of restructuring the business to be implemented urgently, seriously, to ensure the progress of the request in decision 46 of the Prime Minister. Altogether the whole group had completed the task of plan targets mostly off topic and have high growth compared to the same period in 2012
III. The principal indicators in second quarter of 2013
On the basis of the implementation of the plan in the first quarter and the planned 2013 only, in the second quarter of 2013 corporations strive implementation surpass the production targets are mainly as follows:

No	Catalog	Unit	The plan for the second quarter of 2013.	The aim first half of 2013
No	Catalog	Unit	The plan for the second quarter of 2013.	Actual	Actual compare with plan
I	Production targets
1	Oil and gas extraction	Million tons	6.43	13.22	103.0%
	Crude oil	Million tons	4.03	8.21	101.0%
	Gas	Billion m3	2.40	5.01	107.0%
2	Other business
	Ure	Thousand tons	413.2	842.0	102.0%
	Electric	Billion Kwh	3.72	8.18	117.0%
	All kind of oil fuel	Million tons	1345.1	3008.0	112.0%
II	Financial targets
1	The PetroVietnam
1.1	Sales	1000 billion	158.3	338.0	110.0%
1.2	Submit budget	1000 billion	33.30	76.3	112.0%
2	By the merging
2.1	Revenue	1000 billion	82.0	168.6	111.0%
2.2	Profit before tax	1000 billion	11.0	25.5	112.0%

IV. The solutions focus on the second quarter of the year 2013
1. Directs, urging and often check the member units make the action program of the implementation.
2. Directs the units taken seriously Prime's decision approving the scheme restructuring of PetroVietnam in the period 2012-2015.
3. Directs the representing of PetroVietnam in the unit holds annual shareholders meeting in 2013, 4/2013.
4. Complete reviewing the objectives, mandate and organization approved 5-year plan and the development strategy of the Member units to fit with PetroVietnam restructuring plan has been approved by the Prime Minister
5. Implementation schedule and arranging for PetroVietnam's investment projects. Directing the member units conduct the business as the plan was approved by PetroVietnam.
6. Held tight control of petroleum activities on the East Coast; the progress of the project of exploration, development and oil and gas extraction, ensuring complete increased reserves and production of oil and gas extraction in 2013 under the plan.
7. Checking, closely monitoring the safe operation of the gas transport systems, power plants, fertilizer plants, Dung Quat refinery, the biomass plants.
8. Continue to develop the market for new products consumption (fiber strands, biofuels).
9. Urge the units make savings, reduce costs, lower, encourage the entire staffs of PetroVietnam advocates "Vietnamese using Vietnam’s products”.
10. Continue to strengthen the inspection and monitoring of all aspects of activities throughout PetroVietnam. Being well prepared for the conditions of service for State Audit's plan in 2013.