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PV GAS's signing ceremony of contracts for Thi Vai LNG - Nhon Trach Gas power project chain

On June 24, the signing ceremony of Engineering, Procurement and Construction (EPC) Contract of Thi Vai LNG Terminal Project took place between PVGAS and the Joint Venture of Samsung C&T and PTSC, along with the signing of The LNG supply and consumption contract for Nhon Trach 3 &4 Power Plants between PVGAS and PV Power.

Inauguration of the Community Educational and Cultural Center in Du Hang Kenh Ward, Le Chan District, Hai Phong City

In the morning of July 21st, 2015, a ceremony to receive the noble title of “Hero of the People’s Army Forces in the country's resistance against the French invasion” and to cut the ribbon on the occasion of the inauguration of the community educational and cultural center was formally organized at Du Hang Kenh Ward, Le Chan District, Hai Phong City,

Petrovietnam Acquires Two Oil and Gas Exploration And Exploitation Companies And A Pipeline Company Owned By Chevron In Vietnam

June 17, 2015 - Vietnam Oil and Gas Group (Petrovietnam) has acquired 100% of the shares of the Chevron companies with assets in Vietnam and the operatorship that are part of the Block B, Block 48&95 and Block 52/97 projects, off Vietnam’s continental shelf. These companies include Chevron Vietnam (Block B) Ltd, holding a 42.38 % operating interest in the PSC covering Blocks B and 48/95, Chevron Vietnam (Block 52) Ltd, holding a 43.40% operating interest in the PSC covering Block 52/97 and also the operator under the two PSCs, and Chevron Southwest Vietnam Pipeline Co. Ltd, holding a 28.7% working interest in a pipeline project that would deliver natural gas from offshore to gas users in Vietnam.

Petrovietnam press release: International arbitral tribunal sides with Petrovietnam in Production-Sharing Contract tax incentive dispute

In an award issued on 22 May 2015, an international Arbitral Tribunal constituted under the Arbitration Rules of the International Chamber of Commerce (ICC) and comprised of leading international arbitrators Gary Born (Chairman), David A. R. Williams QC and Yves Derains has unanimously agreed with PetroVietnam’s position in a major tax incentive dispute under a production sharing contract for a Vietnamese offshore oil concession. All claims against PetroVietnam were rejected and the claimants were ordered to reimburse PetroVietnam’s costs of arbitration in full.

PetroVietnam Gas Joint Stock Corporation appoints President & CEO

With the approval of Vietnam Oil and Gas Group in the Resolution No. 1000/NQ-DKVN (4/5/2015) on the Group’s staff, PetroVietnam Gas Joint Stock Corporation (PV GAS) has carried out steps on voting/ appointment in compliance with regulations and on 09/05/2015 has issued the Decision No. 606/QD-KVN appointing Mr. Duong Manh Son to hold the post of Member of BOD and President &CEO of PV GAS.

PV GAS successfully completes its 2014 tasks

In 2014, PetroVietnam Gas Joint Stock Corporation (PV GAS) deployed its production and business plan on the conditions that the world and domestic economy was on track of recovery but still plagued with many difficulties. In the country, credit growth remained low and non-performing debts were not improved; world LPG prices constantly fluctuated and deeply dropped; the crude oil reached its lowest record in the past 4 years…

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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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