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According to a tender document posted on the company’s website, the cargoes, each with a quantity of 3,400,000 – 3,800,000 MMBtu, will be delivered from April 15 to May 29.
PV Gas said the specific quantity requirements and the specific delivery window for each LNG cargo “shall be written in the term sheet.”
The company launched the tender on March 7, and it closes on March 11.
Before this tender, PV Gas launched a tender in January this year for four spot LNG cargoes with delivery from March to May 2025 with a total quantity of 14,200,000 MMBtu.
PV Gas just revealed it plans to deploy a floating storage and regasification unit in Vietnam next year, adding to its Thi Vai LNG import terminal.
According to PV Gas, this FSRU will have a storage capacity of 135,000 – 174,000 cbm of LNG and a regasification capacity of up to 14 million Sm3/day, bringing the total regasification capacity of the entire system to about 22 million Sm3/day.
This is a strategic step, ensuring a stable and flexible LNG supply for the national power generation system during peak periods, PV Gas said.
The firm also noted that it is accelerating the upgrade of the Thi Vai LNG terminal in phase 2, with a plan to increase capacity from 1 mtpa to 3 mtpa by 2029.
PV Gas said this will not only help increase gas supply capacity for power plants but also contribute to stabilizing electricity prices.