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Activity Updates
PV GAS President & CEO in talks with PV GAS VUNG TAU
On April 12, 2024, Dr. Pham Van Phong, PV GAS’ President & CEO, hosted a meeting with PV GAS Vung Tau Processing Company (PV GAS VUNG TAU) regarding its business performance in the first quarter, the plan for the last 9 months of 2024, as well as future directions. Dr. Pham Van Phong hosted the meeting In the first quarter of 2024, in the face of a significant decrease in gas supply from the Cuu Long gas system, PV GAS VUNG TAU continuously made efforts to ensure...
16/04/2024 14:56
Oil and Gas Overview
PV GAS HAI PHONG strengthens disaster prevention and fire fighting efforts
On April 5 2024, Thai Binh factory – PV GAS HAI PHONG, in collaboration with the Fire Fighting and Rescue Police Department - Thai Binh Provincial Police, conducted a large-scale training session on fire fighting and rescue operations and disaster prevention at Tien Hai Gas Dispatching Center, with a drill involving a flange joint between the gas pipeline and the V-401 separator being loosened, causing gas and condensate leaks and igniting due to heat sources. The training...
12/04/2024 16:39
Activity Updates
PV GAS receives 2nd LNG shipment for power generation
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. Nearly 70,000 tons of LNG will be supplied by PV GAS to Phu My 3 Thermal Power Plant under Vietnam Electricity Group (EVN) in April and May. PV GAS, with nearly 95.76% of shares owned by Vietnam Oil and Gas Group...
11/04/2024 18:47
Activity Updates
PV GAS to supply nearly 70.000 of LNG to EVN
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...
09/04/2024 20:53
Activity Updates
PV GAS to Launch LNG Business by Truck
Dear Valued Customers, As a leading enterprise in Vietnam's gas industry, Petrovietnam Gas Corporation (PV GAS) has always been a pioneer in building and leading the market and serving the goal of "Energy for National Development". Over the past 33 years of establishment and development, PV GAS has always been proud to be the No. 1 gas trader in Vietnam with a 100% market share of natural gas via pipeline, 100% market share of compressed natural gas (CNG) and 70% market...
08/04/2024 14:30
Oil and Gas Overview
PV GAS and VPA: Effective Cooperation as part of Sustainable Development
On March 29, 2024, Petrovietnam Gas (PV GAS) organized a meeting with the Vietnam Petroleum Association (VPA) to discuss the cooperation between the two parties as per the agreement signed in October 2023. PV GAS organized a meeting with VPA PV GAS and VPA have implemented practical cooperation contents, exploiting the strengths of each party to fulfill assigned tasks. After PV GAS’ presentation about its production and business activities during the past period,...
02/04/2024 09:47
Activity Updates
PV GAS QatarEnergy LNG finalized first LNG deal for 2024
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. Standard LNG vessel (source: Internet) Prior to this, PV GAS issued...
27/03/2024 14:00
Oil and Gas Overview
PV GAS CNG starts supplying LNG
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. Thuan Dao LNG satellite station Thuan Dao LNG satellite station...
26/03/2024 09:23
Oil and Gas Overview
Despite market uncertainties, PV GAS TRADING still grows in 2024’s Q1
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. In early 2024, the international LPG market has been fluctuating, deviating from previous trends. The Contract Price of Saudi Aramco has shown unusual developments, with prices announced for the early months of 2024 contradicting the forecasts of reputable forecasting organizations. Political conflicts and international...
25/03/2024 10:23
Activity Updates
The new era of energy: PV GAS begins supplying LNG for industrials
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...
16/03/2024 14:48
Oil and Gas Overview
PV GAS COATING in partnership with VENTURA
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. According to the agreement, PV GAS COATING and VENTURA agreed to cooperate to leverage the potential, experience, and strengths of each to jointly develop and expand markets in Vietnam and Malaysia. Specifically, VENTURA will support PV GAS COATING in developing pipeline...
11/03/2024 08:26
Oil and Gas Overview
PV GAS to deploy LNG supply for industrial production in Vietnam from March 15, 2024
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. PV GAS’ press release in Hanoi In his welcoming speech, PV GAS’ Vice President Nguyen Cong Luan expressed huge gratitude and appreciation for the support of media agencies, emphasizing...
08/03/2024 14:20

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The leading enterprise in Vietnam's gas industry

PV GAS President & CEO in talks with PV GAS VUNG TAU

PV GAS HAI PHONG strengthens disaster prevention and fire fighting efforts

PV GAS receives 2nd LNG shipment for power generation

PV GAS to supply nearly 70.000 of LNG to EVN

PV GAS to Launch LNG Business by Truck

PV GAS and VPA: Effective Cooperation as part of Sustainable Development

PV GAS QatarEnergy LNG finalized first LNG deal for 2024

PV GAS CNG starts supplying LNG

Despite market uncertainties, PV GAS TRADING still grows in 2024’s Q1

The new era of energy: PV GAS begins supplying LNG for industrials

PV GAS COATING in partnership with VENTURA

PV GAS to deploy LNG supply for industrial production in Vietnam from March 15, 2024

The signing ceremony of the credit facility agreement to finance “nam con son gas 2 pipeline - phase 1” project

KDN conducted oil spill response exercise

PV GAS signed Memorandums of Understanding with US partners

PV GAS LPG and Saint-Gobain CP North Vietnam Sign LNG SPA

PV GAS inks Vietnam’s first term LNG supply agreement for 2027 – 2031

PV GAS to overachievement of 2025 targets

PV GAS – An ideal working environment

PV GAS SERVICES stays ahead of schedule – Affirming Maintenance Capabilities for PM3 Gas System and Ca Mau GPP 2025