Petrovietnam Gas JSC (PV GAS) has confirmed a purchase with Shell PLC, facilitating the world's leading LNG supplier to transport its first LNG shipment to Vietnam.
The logo of Shell at the Contech Vietnam Fair in 2023. (Photo: VNA)
Hanoi (VNS/VNA) - Petrovietnam Gas JSC (PV GAS) has confirmeda purchase with Shell PLC, facilitating the world's leading LNG supplierto transport its first LNG shipment to Vietnam.
PV GAS issued a tender on April 27 to import LNG for the trial runand commercial operation of Thi Vai LNG warehouse.
And Shell was selected as the supplier for the first imported LNGshipment to the warehouse.
The signing confirmation is a milestone for developing PV GAS and Vietnam’sgas industry. The Thi Vai LNG Warehouse is the largest scale in Vietnamwith a capacity of phase 1 of 1 million tonnes per year, then expanding to3-6 million tonnes.
It can receive LNG vessels of up to 100,000 tonnes of LNG ships,with the main phase 1 facility including LNG storage tanks with a capacityof 180,000 m3 and technological equipment designed according to Vietnamese andinternational standards and regulations.
The system will supply about 1.4 billion m3 of gas to Nhon Trach 3and 4 power plants, industrial customers, and a part of Vietnam's gas shortageafter 2023./.
The Vietnam Oil and Gas Group (Petrovietnam) is taking measures to create favourable conditions for production and trading of gas products in the remaining months of 2022, given negative impacts of the world energy crisis on the consumption demand for liquefied petroleum gas (LPG), and liquefied natural gas (LNG).
The one-million-tonne Thi Vai LNG storage project invested by Petrovietnam Gas Joint Stock Corporation (PV GAS) has reached 97.08% of the progress, with a total safe time of more than 2.73 million hours and no occupational accidents during project implementation.
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The logo of Shell at the Contech Vietnam Fair in 2023. (Photo: VNA) 
