Citation

Oil Energy Trends 2007; 32(12): 3-6.

Copyright

(Copyright © 2007, John Wiley and Sons)

DOI

10.1111/j.1744-7992.2007.321203.x

PMID

unavailable

Abstract

Vietnam has announced a series of plans to increase oil production and to establish a refining and petrochemical industry. At the same time, it is proposing to develop a series of gas discoveries. Many of the developments are ambitious, as is the timetable. Oil production is supposed to rise by over 50% within 2-3 years whilst gas is set to more than double by 2015. Some of the developments may prove too ambitious within the timescale proposed, particularly those in the downstream sector.