Vietnam find ‘to flow 15,000 bpd by 2010’

Vietnam’s newly discovered Nam Rong-Doi Moi oilfield is expected to produce about 15,000 barrels of oil per day by 2010.

The crude specification is not available yet but it is suspected to be one of the heavier types. Oil flowed from the field at 4150 barrels per day during the testing, operator VRJ Petroleum Company, 50% owned by Russian state oil company Zarubezhneft, said. The field lies 135 kilometres southeast of Vietnam's oil hub province of Ba Ria-Vung Tau. State oil group Petrovietnam owns a 35% stake in the venture and Idemitsu Cuu Long Petroleum Company, a unit of Japanese oil refiner Idemitsu Kosan, has 15%.
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