Vietnam begins operating oil field to boost output

Updated Friday, November 21, 2008 10:40 am TWN, AP

Vietnam begins operating oil field to boost output

HANOI, Vietnam -- Vietnam has opened a new oil field that will boost national crude oil output by 21 percent by the end of this year, officials said.

Four wells from the Golden Lion oil field off Vietnam’s southern coast are now producing 60,000 barrels per day, Vu Ngoc An, general manager of Cuu Long Joint Operating Company said Wednesday. The output will reach at least 65,000 barrels per day when two other wells begin operating by the end of this year, he said.

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