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 LNG terminal, the country’s first LNG import facility. The company is also seeking a new spot cargo for delivery in May.

The 2013-built 160,000-cbm LNG carrier, Hoegh Gandria, delivered on April 29 about 60,000 tons of LNG to the Thi Vai LNG terminal.

PetroVietnam Gas said in a statement that the LNG shipment came from Binutulu, Malaysia, where the giant Petronas-operated Bintulu LNG complex is located.

Hoegh Gandria’s AIS data provided by VesselsValue shows that the LNG carrier loaded a cargo at the Bintulu complex last month, but the vessel first visited China prior to arriving in Vietnam.

PetroChina said on Tuesday it has supplied this LNG cargo to Vietnam.

According to PetroVientam Gas, this shipment is the second for the Thi Vai LNG terminal this year, and the third since the launch of terminal last year.

The firm said this shipment will be used to fuel power plants of Vietnam’s power utility EVN, Power Generation Corporation 3 (EVNGENCO3), and industrial customers.

The previous shipment delivered by the 145,700-cbm LNG carrier, Al Jassasiya, from Qatar’s giant LNG complex in Ras Laffan, will also be used for power generation.

QatarEnergy LNG, previously known as Qatargas, provided this shipment of some 70,000 tons of LNG, and PetroVietnam signed a deal to supply these volumes to EVN.

The firm previously said that the LNG volumes will be supplied to the Phu My 3 thermal power plant during April-May, making up for about 500 million kWh to the power system.

PetroVietnam Gas says Thi Vai terminal receives third LNG cargo
Image: PetroVietnam Gas

New spot LNG cargo

According to a tender document posted on the website of PetroVietnam Gas, the firm is seeking a new spot LNG cargo for delivery to the Thi Vai terminal.

The delivery window is May 25-31.

The tender closes on 0900 (Vietnam time) on May 2.

Thi Vai LNG terminal

PetroVietnam Gas officially launched its Thi Vai LNG terminal in the coastal area southeast of Ho Chi Minh City on October 29 after nearly 4 years of construction and commissioning.

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

PetroVietnam Gas also in February this year started supplying LNG via trucks from its Thi Vai LNG import terminal to industrial customers.

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 PetroVietnam Gas plans to boost the capacity to 3 mtpa in the next stage.

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