At 8:00 on April 11, 2024, the Al Jassasiya vessel carrying nearly 70,000 tons of LNG from Ras Laffan port (Qatar) docked at PV GAS Vung Tau Terminal. This was the 2nd LNG shipment of PV GAS and the first time LNG was used to serve electricity generation in Vietnam.

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.

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.

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.

On March 19, 2024, CNG Viet Nam JSC (PV GAS CNG) - a member unit of Petrovietnam Gas Corporation (PV GAS), officially introduced LNG to customers in Thuan Dao Industrial Park - Long An, marking the debut of PV GAS/PV GAS CNG's optimal energy solution package with an integrated CNG/LNG/LPG business model, offering customers a diverse range of products, flexible and stable supply sources at competitive prices.

In 2024’s Q1, PV GAS TRADING continued to experience high growth in business, with LPG sales volume and revenue increasing by 67% and 57% respectively y-o-y.

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.

On March 6, 2024, PV COATING Joint Stock Company (PV GAS COATING) and Ventura IOT Sdn Bhd (VENTURA) held a signing ceremony for a cooperation agreement aimed at supporting development and expanding market presence.

On March 8, 2024, Petrovietnam Gas Joint Stock Corporation (PV GAS) held a press release in Hanoi to share its business results of 2023 as well as orientation and plans for 2024, and officially announce the deployment of LNG supply for industrial production from March 15, 2024.

On March 5, 2024, at the headquarter of Petrovietnam Gas Corporation (PV GAS), a press release was held with the purpose of officially announcing the deployment of LNG supply for industrial production as in the Corporation’s integrated business model of LPG/CNG/LNG.

This is the second year that Petrovietnam Gas Corporation (PV GAS) has been a companion to the "Energy and Development" program, which airs at 9:00 PM every Saturday and Sunday on VTC14 channel.

On February 16th 2024, Petrovietnam’s delegation, led by Mr. Le Manh Hung, Chairman of the Board of Members (BOM), President & CEO conducted a meeting with PV GAS to discuss the Corporation’s 2024 plan and strategic/mid/long-term development.