PetroVietnam Gas Joint Stock Corporation (PV GAS) has named subsidiary PetroVietnam Low Pressure Gas Distribution Joint Stock Company (PV GAS D) its official liquefied natural gas (LNG) distributor in Vietnamese market.
In July, the project completed installation, successful pre-commissioning, and commissioning. It was handed over to PV GAS Vũng Tàu, a subsidiary of PV GAS, for operational management.
Representatives from Zarubezhneft EP Việt Nam briefed the partners about the Thiên Nga-Hải Âu gas field in Block 12.11, located in the western part of the Nam Côn Sơn basin.
The signing marked an important step in strengthening cooperation between PV Gas and its partners to improve the company’s management capacity and advance its position in the LPG market.
The Greece-flagged Maran Gas Achilles ship will transport 70,000 tonnes of LNG from Bontang port in Indonesia to Thi Vai LNG warehouse in southern Ba Ria-Vung Tau Province.
The Petrovietnam Gas Joint Stock Corporation (PV GAS) posted a pre-tax profit of VND14 trillion (nearly US$590 million) in the first three quarters of 2022, up 61.8 per cent year-on-year.
PV GAS LPG has inaugured a liquefied petroleum gas (LPG) extraction and filling station with a capacity of 1,000 tonnes of LPG each month in the central province of Khanh Hoa.