Viet Nam, once isolated, poised for significant role in oil and gas

Journal Article · Mon Jul 15 04:00:00 EDT 1991 · Oil and Gas Journal; (United States)

OSTI ID:5785387

This paper reports that Viet Nam is on its way up in the petroleum world. After years of international isolation, the country is poised for a flurry of exploration by international oil companies in the early 1990s. Viet Nam has joined the Soviet Union as the only members of the now dissolved, formerly Moscow dominated, 10 nation Council for Mutual Economic Assistance (CMEA) that are self-sufficient in oil production. Moreover, Viet Nam has far outstripped neighboring China, which was not a CMEA member, in offshore oil flow even though China has a much larger Outer Continental Shelf. Prospects are that Viet Nam will continue to lead China in offshore oil production until 1995 at least.

• OSTI ID: 5785387
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 89:28; ISSN OIGJA; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002 -- Energy Planning & Policy-- Petroleum
ASIA
CHINA
COOPERATION
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
ECONOMIC DEVELOPMENT
FOREIGN POLICY
GEOLOGIC DEPOSITS
GOVERNMENT POLICIES
INDUSTRY
INTERNATIONAL COOPERATION
MINERAL RESOURCES
NATURAL GAS INDUSTRY
NORTH AMERICA
OFFSHORE OPERATIONS
OIL FIELDS
PETROLEUM DEPOSITS
PETROLEUM INDUSTRY
RESOURCES
THAILAND
TRADE
USA
VIET NAM