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“Oil prices reduced and maintained at a low level make a lot of difficulties for the petroleum searching, exploring and exploiting companies to deploy exploring projects; for the processing companies to compete with import products; and, specially, for the service companies due to reducing amount of work and service cost. However, PVN still keeps the good production and business rates” Mr. Nguyen Quoc Khanh, PVN Communist Party Committee Secretary and Member Council Chairman expressed at the forth conference of the Party Executive Committee (2015 – 2020 term).