PetroVietnam Gas says Vietnam’s first LNG terminal ready to receive cargoes

PetroVietnam Gas, a unit of state-owned PetroVietnam, said that its Thi Vai LNG import terminal, Vietnam’s first such facility, is ready to start receiving liquefied natural gas cargoes.

The firm revealed in a statement issued on Monday that the Thi Vai LNG import terminal is ready to be put in use this year.

The launch of the onshore LNG receiving terminal at Thi Vai in the coastal area southeast of Ho Chi Minh City has been delayed.

PetroVetnam Gas said in June last year that it expected to receive the first LNG cargo at the facility in the fourth quarter of the same year.

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

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

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

PetroVietnam Gas says Vietnam's first LNG terminal completed
Image: PetroVietnam Gas

PetroVietnam also said in the statement it has become the first company in the country to receive approval for LNG imports and exports.

The firm received the certificate from the Ministry of Industry and Trade on May 5, it said.

South Korea’s Samsung C&T is building the Thi Vai LNG terminal. It also won an order from PetroVietnam Power, a unit of PetroVietnam, to build a new power plant that will get regasified LNG from this import facility.

The Nhon Trach 3 and 4 plants will have a total capacity of some 1,500 MW.

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