PetroVietnam Gas launches tender for one spot LNG cargo

According to a tender document posted on the company’s website, the delivery window for the spot LNG cargo is “as soon as possible but prior to October 25, 2024.”

PV Gas LNG, a unit of PV Gas, is seeking one LNG cargo of 550,000 million British thermal units (MMBtu) of LNG on a delivered ex-ship (DES) basis.

PV Gas said the tender closes on September 27 at 9:00 am Vietnam time.

In June this year, PV Gas received a liquefied natural gas cargo from PetroChina International at its Thi Vai LNG import terminal.

This was the second LNG cargo PetroVietnam Gas received from PetroChina and the fifth since the terminal’s launch last year.

The company officially launched its Thi Vai LNG terminal on October 29, 2023, after nearly 4 years of construction and commissioning.

This is Vietnam’s first LNG import terminal.

In July 2023, LNG giant Shell delivered the commissioning LNG cargo to the terminal from Indonesia’s Bontang LNG plant.

Besides Shell and PetroChina, PetroVietnam Gas received cargoes from a unit of France’s TotalEnergies and from QatarEnergy LNG, previously known as Qatargas.

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

The terminal has a capacity of 1 mtpa in its first phase, but PV Gas plans to boost the capacity to 3 mtpa in the next stage.

It is worth mentioning here that PV Gas recently also completed its first LNG delivery by rail from southern to northern Vietnam.

In March this year, PV Gas started supplying LNG via trucks from the truck loading facility at its Thi Vai LNG import terminal to PV Gas CNG’s LNG satellite station in Thuan Dao in the southern Vietnamese province of Long An.