Vietnamese to start pumping Nenets oil

The joint venture RusVietpetro will start extracting oil in Nenets Autonomus Okrug.

The plan is to drill 13 wells this and next year, reports Thanh Nien Daily. RusVietpetro, a joint venture between Zarubezhneft and PetroVietnam, anticipates extracting 500,000 tons of oil by the end of 2010 and two million tons in 2011.

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