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Vietnam keen to maximize upstream output, crude exports to offset fuel import bills

May 16, 2022 Comments Off

Vietnam exported 230,260 mt, or 56,260 b/d, of crude oil in April, an increase of 12.4% from the same month a year earlier, with the Southeast Asian producer aiming to sell as many domestic sweet crudes as possible to minimize its energy trade deficit, market and trade participants said over May 11-17. The country’s crude exports in the month also…