Energy is a key component in Vietnam's economy. It plays a vital role in the nation's industrialization, development and social life. Vietnam is considered to have a high energy growth potential, especially in hydropower, oil and gas, coal. As of the end of year 2001, the energy reserves are estimated at about 8 billion tonnes of coal, 450 million tonnes of proven oil, 650 billion cubic metres of natural gas and more than 15,000 MW electricity generation capacity (hydropower accounted for roughly 70%). The major objectives of Vietnam's energy industry for the first decades of the 21st century are to completely develop and integrate all resources in order to have sufficient supply for the national energy needs, to promote the country's potential, attract more investment in this sector, and protect the environment.
 
 
Oil Reserves
:
3 billion barrels
Oil Production
:
340,000 barrels per day (2001)
Oil Consumptio
:
182,000 barrels per day (2001 E)
Natural Gas Reserves
:
23 trillion cubic feet
Natural Gas Production
:
167 million cubic feet per day (2001)
Natural Gas Consumption
:
60.9 billion cubic feet (2001 E)
Electric Generation Capacity
:
7,000 MW
Electricity Production
:
30,801 million KWh (2001)
Coal Reserves
:
8 billion tonnes
Coal Production
:
14.5 million tonnes (2001)
   
 
   
  Record of Petroleum Production:
   
 
   
 
   
  Current Petroleum Activity in Vietnam
   
 
 
Current Petroleum Activity in Vietnam
   
 
   

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Last Update: 8 August 2002
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