HANOI: Vietnam's crude oil output in May is estimated at 1.28 million tonnes (303,000 barrels per day), down 9.2 percent from a year ago, the government said on Friday.
Actual output in April was revised up to 1.3 million tonnes from an initial estimate of 1.2 million tonnes, the General Statistics Office also said in its monthly report. The actual production was down 3.7 percent from April last year.
Vietnam, Asia's third-largest holder of crude oil reserves after China and India, produces an average of 350,000 bpd of oil on an annual basis, or around 40 percent of that produced by Indonesia, the sole OPEC member in Southeast Asia.
The country's exports for the January-May period will come in at an estimated 3.06 million tonnes of crude oil, or 148,000 bpd, a fall of 20.6 percent from the same five months last year, the government said.
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