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

Woodside updates on Louisiana LNG construction work

Australian LNG producer Woodside has released the latest construction update for the first phase of its Louisiana LNG project.

Shell’s LNG Canada set to receive LNG cargo as part of commissioning activities

Shell’s LNG Canada is set to receive a cargo of liquefied natural gas onboard the 173,400-cbm LNG carrier, Maran Gas Roxana, as part of the commissioning and start-up phase, a spokesman for LNG Canada told LNG Prime.

Atlantic LNG shipping rates rise to $31,000 per day

Atlantic LNG freight rates rose to $31,000 per day this week, while European prices also increased compared to the prior week.

More News Like This

Shell’s LNG Canada set to receive LNG cargo as part of commissioning activities

Shell’s LNG Canada is set to receive a cargo of liquefied natural gas onboard the 173,400-cbm LNG carrier, Maran Gas Roxana, as part of the commissioning and start-up phase, a spokesman for LNG Canada told LNG Prime.

Excelerate, PetroVietnam Gas to collaborate on US LNG supplies

According to a statement by Excelerate on Friday, the two firms have signed a memorandum of understanding to collaborate...

Shell completes sale of Nigerian onshore unit

UK-based LNG giant Shell has completed the previously announced sale of its Nigerian onshore subsidiary SPDC to Renaissance for $2.4 billion.

Shell’s LNG bunkering volumes jump in 2024

Shell delivered 1.1 million tonnes of marine liquefied natural gas (LNG), hitting a new record and more than doubling the amount delivered in 2023.