PetroVietnam Gas to launch LNG trucking business

PetroVietnam Gas, a unit of state-owned PetroVietnam, will this month officially start supplying liquefied natural gas via trucks from its Thi Vai LNG import terminal.

“PV Gas officially announces the launch of LNG business by tank truck from March 15, 2024, following the integrated LPG/CNG/LNG business model,” the company said in a statement.

PV Gas invited customers, partners, gas distributors and industrial customers to join this “promising and potential journey”.

The firm previously completed a truck loading station at the Thi Vai LNG terminal.

In May 2023, Vietnam Ministry of Industry and Trade licensed PV Gas to import and export LNG.

According to PV Gas, its unit CNG Vietnam commissioned in August 2023 the Thuan Dao LNG satellite station (Long An).

This station receives and distributes LNG by trucks.

PV Gas officially launched its Thi Vai LNG terminal, Vietnam’s first LNG import facility, on October 29, 2023 after nearly 4 years of construction and commissioning.

South Korea’s Samsung C&T and PTSC, a unit of PV Gas, built the Thi Vai LNG terminal in the coastal area southeast of Ho Chi Minh City.

In July 2023, LNG giant Shell delivered the commissioning LNG cargo to the terminal from Indonesia’s Bontang LNG plant.

PV Gas also recently released a tender inviting firms to submit bids for 1-2 spot LNG cargoes for delivery to the LNG import terminal

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

It has a capacity of 1 mtpa in its first phase, but PV Gas plans to boost the capacity to 3 mtpa in the next stage.

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