Shell to supply first LNG cargo to PetroVietnam Gas

PetroVietnam Gas, a unit of state-owned PetroVietnam, said that its Thi Vai LNG import terminal will receive the first cargo from LNG giant Shell.

Shell will deliver the commissioning cargo between June 17 and July 31, 2023, according to a statement by PetroVietnam Gas.

PetroVietnam Gas issued a tender in April for the commissioning cargo and received in total nine offers from “reputable LNG suppliers in the world”, it said.

A Shell spokesperson confirmed to LNG Prime on Wednesday that “Shell Eastern Trading has agreed to supply the commissioning cargo to Thi Vai, Vietnam’s first LNG import terminal.”

PetroVietnam Gas said the signing of the deal to import the first LNG shipment is a milestone, marking a new development step of the company in particular and Vietnam’s gas industry in general.

It recently said that its Thi Vai LNG import terminal is ready to start receiving cargoes.

The company has also become the first firm in the country to receive approval for LNG imports and exports.

The Thi Vai LNG import facility consists of one 180,000-cbm LNG tank, a jetty, and regas area.

PetroVietnam Gas said these facilities are ready for commissioning activities, while the company will also soon complete the construction of the truck loading facility.

Shell to supply first LNG cargo to PetroVietnam Gas
Image: PetroVietnam Gas

The terminal will have a capacity of 1 mtpa in its first phase, but the company plans to boost the capacity to 3 to 6 mtpa in the next stage.

Also, it will be an important link in supplying gas to consumers, including the Nhon Trach 3 and 4 power plants.

Together with the Son My LNG import terminal with a total expected capacity of up to 10 million tons of LNG per year, in which PetroVietnam Gas is the co-owner with the majority capital contribution ratio, these facilities will basically meet the energy demand for the southern region in the country the future, PetroVietnam Gas said.

- Advertisements -

Most Popular

Chevron working to resume full Gorgon LNG production after ‘mechanical fault’

Chevron Australia, a unit of US energy giant Chevron, is working to resume full production from its Gorgon LNG...

MOL’s LNG carrier fleet to grow to 104 vessels by March 2025

Japan's shipping giant MOL expects its huge fleet of liquefied natural gas (LNG) carriers to increase to 104 vessels...

HD Hyundai Heavy secures contract to build LNG carrier duo

South Korean shipbuilder HD Hyundai Heavy Industries has won a contract to build two liquefied natural gas (LNG) carriers...

More News Like This

Shell’s Q1 profit drops to $7.73 billion, LNG sales slightly down

LNG giant Shell reported a decrease of 19.8 percent in its adjusted earnings in the first quarter this year,...

PetroVietnam Gas says Thi Vai terminal gets third LNG cargo

PetroVietnam Gas, a unit of state-owned PetroVietnam, has received the third liquefied natural gas cargo at its Thi Vai...

Oman LNG delivered 173 cargoes last year, revenue reached $4.9 billion

State-owned Oman LNG delivered 173 cargoes of liquefied natural gas from its Qalhat complex in 2023, down by three...

Mitsui: no decision on Adnoc’s LNG project

Japan's trading house Mitsui & Co said nothing has been decided on an LNG project in the United Arab...