Petrovietnam generates over 10 billion kWh of electracy in five months
The Vietnam Oil and Gas Group (Petrovietnam) generated over 10 billion kWh of electricity in the first five months of 2023 which equals 42.5% of the yearly target.
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The Vietnam Oil and Gas Group (Petrovietnam) generated over 10 billion kWh of electricity in the first five months of 2023 which equals 42.5 per cent of the yearly target.
The figure represents an increase of 46.6 per cent compared with the same period last year, thanks to the inauguration of the Thai Binh 2 Thermal Power Plant in late April.
In May alone, the group generated 2.77 billion kWh of electricity, up 7.8 per cent from April.
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| A corner of Thai Binh 2 Thermal Power Plant. (Photo: VNA) |
Along with power production, Petrovietnam continues to maintain strong growth momentum, ensuring the supply of strategic products, especially crude oil, gas, and petrol, contributing to ensuring national energy security.
Specifically, crude oil output in the first five months of this year was estimated at 4.41 million tonnes, exceeding the set plan by 13.7 per cent and equaling 47.5 per cent of the year’s plan. Of the figure, domestic crude oil exploitation reached 3.66 million tonnes, equivalent to 48.6% of the yearly plan, and gas production hit 3.42 billion cu.m, equaling 57.6 per cent of the plan for the whole year.
This result reflects the efforts of Petrovietnam and its member units in applying measures to maintain output while ensuring safety in the context that most of Vietnam's key oil wells are on a decline.
Regarding domestic petrol production (including Nghi Son Refining and Petrochemical Company), the group’s output hit 1.47 million tonnes in May, up 32.6 per cent year-on-year.
Petrovietnam’s petrol production reached 6.3 million tonnes in the first five months of 2023, a year-on-year increase of 18.1 per cent.
(Source: Vietnamplus)
