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Vietnam is becoming increasingly dependant on oil imports with 9.02 million tons imported in the first ten months of this year, an 11.6 percent increase over the same period last year, Vietnam Net is reporting. It also imported petrol products to the tune of 8.79 million tons. In contrast, over the same period it exported a collective US$3.1 billion of both crude oil and petrol products.
Vietnam reportedly used about 515,00 barrels of oil a day in 2022 or 25.2 million tons.
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