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Objectives and Strategic Orientations

Objectives and Strategic Orientations

PV GAS’s Development Objectives for 2026

Develop PetroVietnam Gas Joint Stock Corporation (PV GAS) into a strong, efficient and highly competitive gas enterprise with integrated operations across the entire gas value chain, including gas gathering, import and export, transportation, processing and deep processing, storage, services, and gas and gas product trading, while participating in upstream investment activities. PV GAS aims to play a leading role in Vietnam’s gas industry, strive to become a leading gas enterprise in the ASEAN region, and rank among Asia’s leading gas companies.

Target market share

Dry Gas Market Share
100%
Nationwide LPG Market Share
50–60%

Revenue structure by product

Gas and LNG
64%
Gas Products
29%
Gas Services
7%

Specific objectives

Gas Supply

Diversify gas supply sources, maintain a leading role in gas gathering, and participate in domestic and international upstream activities to secure gas supplies and strengthen PV GAS’s market position.

Gas Infrastructure and Systems

Develop, operate, and commercially manage integrated gas systems nationwide in a safe, efficient, and optimized manner. Build interregional pipeline connections to gradually establish a national and regional gas network. Ensure that all gas brought ashore is processed through gas processing plants (GPPs), while diversifying and increasing gas product output. Enhance deep processing of gas and gas products. Expedite LNG import infrastructure investments to meet consumption demand to the greatest extent possible and contribute to national energy security. Be prepared to increase gas supply in line with consumer demand.

Gas Products Trading

Maintain a leading position in the LPG trading market. Strive to maintain a 50–60% share of the nationwide LPG market, including over 50% of the wholesale LPG market and 30% of the residential LPG market. Strengthen the PV GAS brand and expand participation in the international LPG market while ensuring business efficiency. Accelerate the nationwide development of CNG, LNG, City Gas, Autogas, energy-saving (ES) solutions, and other related markets.

Gas Services

Strengthen PV GAS’s leading position in Vietnam’s gas services market and actively expand into international markets.