Vietnam Gasoline Company eligible for LNG import and export

PV GAS is a member unit of the Vietnam Oil and Gasoline Group (PVN) working within the gasoline business, with the principle actions: storage, transportation, import, and distribution of gasoline merchandise, together with: dry gasoline (pure gasoline), liquefied petroleum gasoline (LPG), compressed pure gasoline, and LNG.

LNG is a low-emission, environmentally-friendly type of vitality. With its particular benefits, LNG has the potential to steadily change the standard energies of business producers together with coal, gas oil, and diesel, in addition to complement domes-tic gasoline sources being exploited, most of entered a interval of decline.

PV GAS has accomplished the development of prepared infrastructure for LNG import, export, and buying and selling, with the LNG Thi Vai Terminal Undertaking able to be put into use this yr. The mission consists of:

• LNG storage to finish section 1 with a capability of 180 000 m3 of LNG, with a capability of 1 million tpy of LNG by way of the warehouse.
• Part 2 is predicted to extend the capability to three million tpy of LNG.

The LNG import port is able to receiving LNG ships with a tonnage of as much as 100 000 DWT and the LNG export station by tank truck will even be accomplished quickly similtaneously the trial run of Thi Vai LNG Storage. Different element tasks are additionally being accelerated, all of which have reached completion milestones such because the Thi Vai-Phu My LNG pipeline mission, the Thi Vai stress lowering station mission.

With the official grant of the certificates of eligibility for LNG importer and exporter by the Ministry of Business and Commerce on 5 Might 2023, PV GAS is the primary unit to commerce LNG in Vietnam, marking a step PV GAS’s new improvement in gasoline enterprise.

Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/10052023/vietnam-gas-corporation-eligible-for-lng-import-and-export/