THREE OIL FIELDS WERE DISCOVERED OFF THE COAST OF BINH THUAN
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(Econet ) – Recently PetroVietnam had a meeting with People’s Committee of Binh Thuan Province, offically announced that they did discover three oil fields after three years exploiting and searching for oil resource in neighboring territorial waters inside the perimeter of 4 600 square kilometers in block 15.1 and 15.2 (also called the Golden Triangle), belong to Binh Thuan territorial waters, far from Phan Thiet city about 60 kilometers.
Among those fields, there are two oil fields and one gas and oil field. One of them has been offically exploited since 29th October, 2003 with the volume of 1,8 million barrels of oil. The average quantity of produced oil per day is about 70 thousand barrels of oil that supplied to the world oil market.
According to the plan, from this time to the end of 2003, PetroVietnam will continue producing about 1,3 million barrels of oil. Beside the discovering and making those fields into operation, PetroVietnam is continueing the exploratory drilling for new oil fields in t
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