PetroVietnam Gas welcomes Vietnam’s first LNG cargo

PetroVietnam Gas, a unit of state-owned PetroVietnam, said that its Thi Vai LNG import terminal, the country’s first such facility, has received the first cargo from Shell.

According to a statement by PetroVietnam Gas issued on Monday, the 2016-built 174,000-cbm, Maran Gas Achilles, owned by a joint venture of Greece’s Maran Gas and Qatar’s Nakilat, delivered the LNG cargo to the Thi Vai terminal.

Shell supplied about 70,000 tons of LNG from Indonesia’s Bontang LNG terminal, it said.

PetroVietnam Gas announced in May that its Thi Vai LNG terminal will receive the first cargo as part of the commissioning phase from Shell.

The firm said it will supply natural gas via a pipeline or deliver LNG by trucks to customers that are not connected to the pipeline system.

PetroVietnam Gas welcomes Vietnam's first LNG cargo
Image: PetroVietnam Gas

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

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 previously said.

PetroVietnam Gas also recently held talks regarding LNG supplies with US energy giant ExxonMobil and Russian LNG producer Novatek.

Most Popular

Worley gets full notice to proceed on first phase of CP2 LNG project

Australian engineering firm Worley has received a full notice to proceed from US LNG exporter Venture Global LNG under its reimbursable EPC contract for the first phase of the CP2 LNG project in Louisiana.

Seatrium: LNG carrier owners delaying non-essential repairs due to low charter rates

Liquefied natural gas (LNG) fleet owners are delaying non-essential repairs due to low charter rates, according to Singapore's Seatrium.

Excelerate raises 2025 guidance after Jamaica deal

US FSRU player Excelerate Energy raised its full-year 2025 adjusted Ebitda guidance range following the recent acquisition of New Fortress Energy's business in Jamaica.

More News Like This

Shell CEO says LNG Canada ramp-up in line with expectations

LNG Canada's production ramp-up is "very much" in line with what Shell had expected, according to Shell CEO Wael Sawan.

Shell’s Q2 profit reaches $4.26 billion, LNG sales climb

LNG giant Shell reported a drop in adjusted earnings in the second quarter of 2025, while its LNG sales rose compared to the same quarter in 2024.

Shell takes FID on Egypt gas project

A unit of UK-based LNG giant Shell has taken the final investment decision for the development of the Mina West gas discovery in Egypt’s Mediterranean Sea.

South Korea gets first LNG Canada cargo

The 174,000-cbm GasLog Glasgow, which is carrying the first liquefied natural gas cargo produced at the Shell-led LNG Canada facility in Kitimat, has arrived in Tongyeong, South Korea, according to shipping data.