(EnergyAsia, March 1 2010, Monday) — State-owned PetroVietnam said its revenues fell 20% last year as compared with the previous year when crude oil prices reached record highs of more than $147 per barrel. Vietnam’s economy is dependent on oil exports, which account for 16% of the country’s gross domestic product. PetroVietnam said it expects…
VIETNAM: PetroVietnam expects oil revenue to fall further in 2010 after 20% drop last year
Posted on February 28, 2010 by EnergyAsia