Petrol and oil sales increase by 25 per cent in four months

Total domestic petrol and oil sales hit around 6 million cu.m during the first four months of 2011, a year-on-year increase of 25 per cent.

Petrol volume accounted for 24 per cent of total sales, equivalent to 2.1 million cu.m and up 24 per cent compared to the same period last year. Around 3.17 cu.m of diesel was consumed, a year-on-year increase of 29 per cent.

It is estimated that around 7.7 million cu.m of petrol and oil would be sold during the first five months of 2011, a surge of 23 per cent compared to the same period last year.

The import volume petrol and oil is predicted to reach nearly 5.1 million cu.m, an increase of 16 per cent.

During the first five months of 2011, the total petrol sales of the Dung Quat Refinery are predicted to reach nearly 2.7 million cu.m. Sales are expected to fall when the refinery undergoes essential maintenance from mid July to mid September, experts said. — VNS

Tags: Vietnam petrol, Vietnam Petrol prices

Posted by VBN on May 16 2011. Filed under Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry