PetroVietnam Gas: Thi Vai terminal receives second LNG cargo

PetroVietnam Gas, a unit of state-owned PetroVietnam, has received the second liquefied natural gas cargo at its Thi Vai LNG import terminal, the country’s first such facility.

The 145,700-cbm LNG carrier, Al Jassasiya, delivered on Thursday about 70,000 tons of LNG from Qatar’s giant LNG complex in Ras Laffan to the Thi Vai LNG terminal, PetroVietnam Gas said in a statement.

This shipment is the first for the Thi Vai LNG terminal this year and the first that will be used for power production.

PetroVietnam Gas recently signed a deal to supply 70,000 tons of LNG to Vietnam’s power utility EVN.

The firm 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.

Prior to this, PetroVietnam Gas signed a deal with QatarEnergy LNG, previously known as Qatargas, to buy 70,000 tons of LNG for delivery on April 12-13.

PetroVietnam Gas: Thi Vai terminal receives second LNG cargo
Image: PetroVietnam Gas

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 recently 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.

Most Popular

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

US LNG firm NextDecade and compatriot Bechtel have finalized EPC contracts worth $9.09 billion for the construction of the fourth and fifth trains and related infrastructure at the Rio Grande LNG facility in Texas.

Atlantic LNG shipping rates jump to $49,750 per day

Atlantic spot LNG shipping rates rose to $49,750 per day this week, while European prices also jumped compared to the previous week.

More News Like This

Golden Pass LNG construction continues to advance

Energy giants QatarEnergy and ExxonMobil, along with their contractors, continue to advance construction on their massive Golden Pass LNG export facility in Texas.

Vingroup, VinEnergo join forces on LNG power plant

Vietnam's Vingroup and VinEnergo are joining forces to develop an LNG power plant in Haiphong.

Excelerate advances Vietnam LNG talks

US FSRU player Excelerate Energy is moving forward with its plans to supply Vietnam with liquefied natural gas (LNG) supplies from the US.

PetroVietnam Gas to invest $3 billion over next five years

PetroVietnam Gas, a unit of state-owned PetroVietnam, plans to invest more than $3 billion over the next five years, including in liquefied natural gas (LNG) infrastructure.