There will be enough gasoline supply for consumption and production and business. Photo courtesy of vietnamplus.vn

HÀ NỘI — The country has enough fuel to last until the end of this year, according to the Ministry of Industry and Trade (MoIT).

Under MoIT calculations, with production and imports, there will be enough petrol for consumption and production and business.

On Wednesday the ministry gave an update on the gasoline supply situation in the first seven months of the year and the production and import plan for the last months of the year.

It is estimated that the country's two refinery factories will produce about 8.28 million cubic metres (m3) per tonne of various types of gasoline in the last months of this year.

The country is expected to import about 4.44 million m3/tonne of gasoline, with a total of production and imports of about 12.72 million m3/tonne.

Estimated consumption is about 11.5 million m3/tonne in the last months of the year, inventory 1.8-2 million tonnes.

The MoIT said it would continue to closely monitor the production outputs of the two refineries and import levels to ensure domestic supplies to the end of the year. — VNS