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Petroleum Technology Services Corporation (PTSC) announced that, until to the end of May, total turnover of the Corporation reached 9985.1 billion dongs, increasing 9.5% in comparison with the same time of the last year. In order to keep the growth rate, PTSC determined to bring into play a position of strength in service activities, market extension and foreign consumers looking-for as well.

Six years since being licensed, the Nam Van Phong oil refinery is still calling for investment capital as its scale has nearly doubled requiring a total $8 billion investment.

Ministry of Industry and Trade’s Electricity Regulatory Authority of Vietnam (ERAV) Director Dang Huy Cuong said that the south would not lack power in the dry season this year. In particular, the risk of power shortages in the southern provinces will be avoided thanks to putting the Pleiku-My Phuoc-Cau Bong 500 kV power transmission line into operation.

According to the Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin), in the first three months of 2014, crude coal output came to an estimated 10.07 million tonnes, 26.7 percent of the year’s target and 95.92 percent of that in the same period last year. The corporation’s clean coal output was an estimated 8.73 million tonnes, 25.5 percent of the year’s target and 93.3 percent of that in the same period last year.