PetroVietnam Gas, a unit of state-owned PetroVietnam, has officially launched its Thi Vai LNG import terminal, the country’s first such facility.
According to a statement by PetroVietnam Gas, the company held the launching ceremony for the terminal on October 29 after nearly 4 years of construction and commissioning.
“With this Vietnam’s first LNG import infrastructure in place, PV Gas will have more control over the gas supply to meet the energy needs of existing power plants and households, contributing to ensuring national energy security and reducing environmental pollution,” the firm said.
South Korea’s Samsung C&T and also PTSC, a unit of PetroVietnam Gas, built the Thi Vai LNG terminal in the coastal area southeast of Ho Chi Minh City.
In July, LNG giant Shell delivered the commissioning LNG cargo to the Thi Vai terminal from Indonesia’s Bontang LNG plant.
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.
PetroVietnam Gas also previously completed the truck loading station at the Thi Vai LNG terminal.
Son My LNG terminal
The Thi Vai LNG terminal 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, these facilities will basically meet the energy demand for the southern region in the country the future, PetroVietnam Gas previously said.
The company and US energy firm AES previously received the investment policy approval for their planned $1.4 billion Son My LNG import terminal in Vietnam.
The terminal will have a capacity of about 3.6 mtpa of LNG in the first phase and is expected to begin commercial operations in 2027, the firms said.