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PV GAS to supply nearly 70.000 of LNG to EVN

In accordance with Directive No. 05/CT-TTg dated February 14, 2024, of the Prime Minister on ensuring electricity supply, and a sufficient amount of coal and gas for power generation, and to support EVN during the peak dry season of 2024, on March 29, 2024, PV GAS signed a contract to sell nearly 70 thousand tons of LNG to EVN. The LNG volume will be supplied to Phu My 3 Thermal Power Plant in the period of April-May 2024, making up for approximately 500 million kWh to the power system. The urgency of supplementing imported LNG for power generation clearly demonstrates the role and commitment of PV GAS in ensuring national energy security.

PV GAS to Launch LNG Business by Truck

LNG, with its superior advantages in terms of energy efficiency, ease of long-distance transportation, abundant supply and less impacts on the environment, is the key product in PV GAS' Optimal Energy Solution for the market. Through this Letter, PV GAS officially announces the launch of LNG business by tank truck from March 15, 2024, following the integrated LPG/CNG/LNG business model, bringing customers a variety of product choices and flexible supply sources with competitive quality and prices.

PV GAS QatarEnergy LNG finalized first LNG deal for 2024

On March 11, 2024, Petrovietnam Gas Corporation (PV GAS) signed the Confirmation Notice with QatarEnergy LNG to buy the first LNG cargo for 2024. Approximately 3.2 million mmBTU (~ 63,000 tons) of LNG will be delivered to Thi Vai LNG Terminal, expectedly on April 12-13, 2024, to serve industrials’ demand, contributing to Vietnam’s energy security when the country enters the dry season.

The new era of energy: PV GAS begins supplying LNG for industrials

On March 15, 2024, PV GAS officially commenced supplying LNG for industrial customers with the first fleets of LNG trailers, originating from Thi Vai LNG truckloading station (Vung Tau) to PV GAS CNG’s LNG satellite station in Thuan Dao (Long An). This marks a significant milestone, heralding the introduction of PV GAS' Optimal Energy Solutions Package, integrating the LPG/CNG/LNG business model, offering customers with diverse, flexible and stable product choices at competitive prices.

PV GAS contributes to Petrovietnam’s sustainable development

On January 8, 2024, Vietnam Oil and Gas Group (Petrovietnam) organized the annual review conference for the year 2023 and outlined the tasks for 2024. The event also included an award ceremony honoring 41 collectives for their contributions to the Group's success in 2023. Among them, Petrovietnam Gas Corporation (PV GAS) was honored for exceeding the revenue management plan for 2023.

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© Copyright PETROVIETNAM GAS JOINT STOCK CORPORATION (PV GAS)
Address: Floor 12-15, PV GAS TOWER, No. 673 Nguyen Huu Tho Street, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City.
Phone: +84.28. 3781 6777 Fax: +84.28. 3781 5666 Email: pvgas@pvgas.com.vn

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