Vietnam exported 313,503 mt (76,599 b/d) of crude oil in June, down 67.5% from a year earlier, according to preliminary customs data released Wednesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Vietnam exported 1.88 million mt of crude oil in the first six months, down 49.9% from a year ago, mostly to China, Thailand and Australia. State-owned PetroVietnam has said that production from major ageing fields will continue to shrink this year while complex geographical conditions at the remaining marginal fields are creating difficulties for the company. Vietsovpetro, a 51:49 joint venture between PetroVietnam and Russia’s state-owned Zarubezhneft, produced 2.127 million mt of crude oil in H1, down 10.9% year on year, with most key fields seeing a fall in output, S&P Global Platts reported earlier. Part of Vietnam’s crude output is consumed by the 130,000 b/d refinery at Dung Quat and […]