HANOI: Vietnam's crude oil exports during January-March fell 19.8 percent from the same period last year to an estimated 1.76 million tonnes, or 142,000 barrels per day (bpd), the government said on Friday.
Crude oil export revenues in the three-month period plunged 52.8 percent from a year ago to $446 million, the government's General Statistics Office said.
Oil product imports rose 9.1 percent in the same period to an estimated 2.69 million tonnes, with the value dropping 36.2 percent to $865 million, the office said in its monthly report.
Vietnam's liquefied petroleum gas imports during the first quarter of 2016 rose 20.1 percent from a year ago to 306,000 tonnes, it said.
Vietnam, Asia's third-largest holder of crude oil reserves after China and India, produces an average 350,000 bpd of crude oil, or around 40 percent of that by Indonesia, the sole OPEC member in Southeast Asia.
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