A
total of 100,000 barrels of Nam Rong-Doi Moi oil from block 09-3 lying
adjacent
to the Bach Ho field in block 09-1 would be sent to the 140,000-bpd Dung
Quat,
which has been designed to process Bach Ho oil, the group said in a
statement.
State oil marketer PV Oil closed a tender last Friday to sell 600,000 to
900,000
barrels of April-loading Bach Ho crude, traders said, in an irregular
export
tender.
Nam
Rong-Doi Moi field, founded in 2004, started commercial output on Jan.
29 and
now provides more than 700 tons, or around 5,100 barrels, a day from
four wells,
Petrovienam said, adding that output was expected to rise.
Japanese refiner Idemitsu Kosan Co said last month Nam Rong-Doi Moi was
expected
to produce 20,000 bpd.
Idemitsu’s subsidiary, Idemitsu Cuu Long Petroleum Co, has a 15 percent
stake in
the venture that operates the field, along with Russia’s Zarubezhneft
with a 50
percent stake and a Petrovietnam subsidiary that has 35 percent.