Vietnam Oil & Gas Corp. may spend $6 billion on oil and gas exploration through 2010 as demand for energy grows in the expanding economy. Vietnam’s oil production, the third-highest in South-East Asia after Indonesia and Malaysia, slid by 8 per cent in the first three quarters of the year to about 354,000 barrels a day, based on PetroVietnam figures. (Source: Bloomberg, 12/04/2006)
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