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Submitted by Shruti Sharma on Thu, 11/20/2008 - 21:59 ::

Hanoi, Vietnam -- Vietnam's fourth largest oilfield, a $1 billion offshore project, has gone into production, Cuu Long, the operating company, announced.

said the Su Tu Vang (Golden Lion) oilfield is expected to have an output of about 65,000 barrels a day, Vietnam News said.

The oilfield is located off the Vietnamese coast southeast of Ba Ria-Vung Tau Province.

Copyright 2008 by United Press International.

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