November 12

PetroVietnam Gas launches new LNG cargo tender

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[[{“value”:”PV Gas

According to a tender document posted on the company’s website, the delivery window for the partial LNG cargo is from December 20, 2024, to January 5, 2025.

PV Gas LNG, a unit of PV Gas, is seeking one LNG cargo of 2,500,000 million British thermal units (MMBtu) of LNG on a delivered ex-ship (DES) basis.

PV Gas launched the tender on November 8, and it closes on November 12 at 9:00 am Vietnam time.

Before this tender, PV Gas launched a tender in September seeking one LNG cargo for delivery in October.

In June of this year, PV Gas received one cargo from PetroChina International at its Thi Vai LNG import terminal.

This was the second LNG cargo PV Gas received from PetroChina and the fifth since the terminal’s launch last year.

The company officially launched its Thi Vai LNG terminal on October 29, 2023, after nearly 4 years of construction and commissioning.

This is Vietnam’s first LNG import terminal.

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

Besides Shell and PetroChina, PV Gas received cargoes from a unit of France’s TotalEnergies and from QatarEnergy LNG, previously known as Qatargas.

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 PV Gas plans to boost the capacity to 3 mtpa in the next stage.

In September, PetroVietnam Power, a unit of state-owned PetroVietnam, said it plans to start commissioning its Nhon Trach 3 LNG power plant in October.

PV Gas will supply regasified LNG to the power plant.

In November 2021, PV Power broke ground on the Nhon Trach 3 and 4 plants in the southern province of Dong Nai, which are worth about $1.4 billion.

Vietnam’s first LNG power plants will have a total capacity of 1.5 GW, according to PV Power.

PV Power recently signed a power purchase agreement (PPA) with a unit of Vietnam’s power utility EVN for the LNG power plants.

Source: Lngprime.com

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The post PetroVietnam Gas launches new LNG cargo tender appeared first on Energy News Beat.

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