Outlook for the Development of Oil and Gas Industry in Vietnam

20th International Scientific Symposium of Students, Postgraduates and Young Scientists on "Problems of Geology and Subsurface Development"

Tsibulnikova, M.R.^1,2 ; Pham, V.A.^1 ; Aikina, T.Yu.^1

National Research Tomsk Polytechnic University, 30 Lenin Ave., Tomsk

634050, Russia^1

National Research Tomsk State University, 36 Lenin Ave., Tomsk

634050, Russia^2

关键词: Domestic markets;    Gross domestic products;    Oil and Gas Industry;    Oil market;    Oil Prices;    PetroVietnam;    Viet Nam;    World market;   

Others  :  https://iopscience.iop.org/article/10.1088/1755-1315/43/1/012094/pdf
DOI  :  10.1088/1755-1315/43/1/012094

来源: IOP

【 摘 要 】

Oil and gas industry makes a significant contribution to Gross Domestic Product of Vietnam. In 2015 it appeared to be in an intricate situation under the conditions of fall in oil prices caused by excess of supply over demand in the oil market. On the one hand, low prices for oil enable Vietnam as an importer to purchase more oil in the world market. On the other hand, the state company PetroVietnam loses a part of its customers in the domestic market. This tendency can lead to stagnation of the oil and gas industry in Vietnam under weak oil prices if the government does not take timely action.