According to data released by Ministry of Industry and Trade, crude oil output in the first two months this year reached 2.7 million tonnes, up by 11.6% year on year. Natural gas production reached 1.48 million cubic meters, up by 1.4% over the same time last year. Liquefied petroleum gas (LPG) yield was at 137.4 thounsand tonnes, increased of 34.4% compared to last year. The operation of the Dung Quat oil refinery was stable in last two months, gave 1,1 million tonnes of fuel products, up by 4.1%.

The exploration activities are being carried out actively, the drilling and assessment at oil wells are in progress to ensure the schedule of projects for each month. In general, exploration, extraction and processing of gas and oil still are stabilizing and growing, including new fields in abroad.

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