VIETNAM
6.85 Million Tons of Oil Exported: The Saigon Liberation Newspaper reported that about 99% of the 1994 total, or 6.79 million tons, came from the White Tiger oil field off the South Vietnam coast. The Big Bear oil field, now being drilled by Vietsovpetro and Australian mining giant Broken Hill Proprietary Co., produced its first 60,000 tons. A third field, Blue Dragon, being drilled by Mobil Oil Corp., is now starting production. Crude oil exports are expected to reach 8 million tons this year. Vietnam has an estimated 3 billion barrels of oil reserves in the South China Sea.
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