tai 188bet Petrovietnam and PV GAS start construction of one-million-ton LNG warehouse at Thi Vai

On 28th October 2019, at Thi Vai Terminal (Tan Phuoc commune, Tan Thanh district, Ba Ria - Vung Tau province), Vietnam National Oil and Gas Group (Petrovietnam) and PetroVietnam Gas Corporation (PV GAS) held tai 188bet Groundbreaking Ceremony for construction of LNG Thi Vai terminal warehouse. National Assembly Vice Chairman Uong Chu Luu attended and performed tai 188bet ground-breaking ceremony.

tai 188bet groundbreaking ceremony was also attended by Tran Sy Thanh - Member of tai 188bet Party Central Committee, Secretary of tai 188bet Party Committee, Chairman of tai 188bet Board of Directors of PVN; Mr. Nguyen Hong Linh - Member of tai 188bet Party Central Committee, Secretary of tai 188bet Provincial Party Committee of Ba Ria - Vung Tau; Major General Le Xuan Thanh - Commander of tai 188bet Coast Guard Region 3; Mr. Cao Quoc Hung - Deputy Minister of Industry and Trade; Ms. Nguyen Thi Phu Ha - Vice Chairwoman of State Capital Management Committee at Enterprises; Mr. Le Manh Hung - PVN  President & CEO  and members of tai 188bet Board of Directors of PVN Dinh Van Son and Phan Ngoc Trung; Mr. Do Chi Thanh – PVN Vice President; representatives of ministries, agencies and branches; representatives of general contractors, partners and heads of tai 188bet Divisions, Administration Office, leaders of member units of Petrovietnam. PV GAS was represented by Mr. Nguyen Sinh Khang – Chairman of tai 188bet Board of Directors, Mr. Duong Manh Son - General Director and other members of tai 188bet Board of Directors and Management Board of PV GAS. 

 Delegates are performing tai 188bet ground-breaking ceremony

LNG Thi Vai terminal warehouse project is invested by PV GAS with a capacity of one million ton LNG per year passing tai 188bet warehouse in tai 188bet first phase, expected to complete in 2022; Phase 2 with a capacity of 3 million tons LNG per year, expected to complete in 2023. LNG Thi Vai terminal is capable of receiving LNG vessels of up to 85,000 tons, main items of phase 1 includes LNG tanks of 180,000m3 and technological equipment is designed according to Vietnamese standards, regulations and international standards. Total investment of phase 1 is over 285 million USD; after being completed, it will supplement tai 188bet supply of about 1.4 billion m3 of gas to customers including Nhon Trach 3 and 4 Power Plants, industrial customers, partially offsetting tai 188bet shortage of gas in tai 188bet country after 2022. 

LNG Thi Vai terminal warehouse and Nhon Trach 3 and 4 Power Plants will contribute to ensuring gas and electricity demand for tai 188bet key economic region in tai 188bet Southeast. For tai 188bet first time, Vietnam has LNG used by tai 188bet power plants and PV GAS is proud to be selected as a supplier of LNG - tai 188bet first energy source to appear in Vietnam. 

 Vice Chairman of tai 188bet National Assembly Uong Chu Luu

LNG Thi Vai terminal warehouse will be an important link in providing renewable gas for gas consumers, including Nhon Trach 3 and 4 Power Plants. Together with LNG Son My import terminal warehouse with total expected capacity of up to 10 million tons of LNG per year, tai 188bet energy demand for tai 188bet Southern region in tai 188bet future will basically be met. 

Being designed and constructed with tai 188bet most advanced technology in tai 188bet world by leading experienced contractors of Japan, Korea and UK, tai 188bet LNG Thi Vai terminal warehouse will be tai 188bet most modern building in Vietnam in tai 188bet field of gas that brings green energy and is environmentally friendly.

tai 188bet groundbreaking ceremony marks an important step in tai 188bet process of implementing tai 188bet LNG Thi Vai - Nhon Trach gas power project chain, which is a prerequisite to ensure tai 188bet successful implementation of tai 188bet project chain. 

Petrovietnam’s Party Committee Secretary, 
Chairman of tai 188bet Board of Directors Tran Sy Thanh is speaking at tai 188bet ceremon
y

tai 188bet completed and operated projects will contribute to stabilizing national energy security, supplementing tai 188bet shortage of gas and electricity in tai 188bet Southeast region, contributing positively to tai 188bet economic growth in tai 188bet Southeast region. In particular, this is a step to accelerate meeting tai 188bet increasing energy demand for tai 188bet country's economic development, partly offset tai 188bet declining domestic gas production and tai 188bet difficulty facing exploration of alternative oil and gas sources. 

 PV GAS General Director Duong Manh Son

Speaking at tai 188bet ceremony, Mr. Uong Chu Luu - Deputy Chairman of tai 188bet National Assembly congratulated Petrovietnam and PV GAS on additional important project in ensuring national energy security, and also marking a big step in tai 188bet gas industry of our country. Mr. Uong Chu Luu affirmed that, along with tai 188bet increasingly intensive international integration of Vietnam, tai 188bet oil and gas has always been identified by tai 188bet State as an important economic industry, contributing to national economic stabilization and development. tai 188bet State would continue monitoring and supporting Petrovietnam, including PV GAS to stabilize and develop in order to promote tai 188bet role of tai 188bet country's important economic sector.

Mr. Tran Sy Thanh – Petrovietnam Chairman of tai 188bet Board of Directors emphasizes that it is tai 188bet first LNG project in Vietnam with special significance in tai 188bet backward sector of tai 188bet oil and gas industry. Therefore, as tai 188bet leading bird in tai 188bet gas field in Vietnam today, PV GAS shall be responsible for maintaining tai 188bet leading role in tai 188bet gas industry in general and tai 188bet LNG sector in particular. Mr. Tran Sy Thanh requires PV GAS leaders and tai 188bet contractors to drastically focus on implementing tai 188bet project in accordance with tai 188bet plan, ensuring safety, quality and progress.

 
 On tai 188bet construction site of LNG Thi Vai Warehouse Project

On this occasion, Petrovietnam and tai 188bet project participants sincerely thank tai 188bet Government, ministries, central branches and localities for tai 188bet close guidance and support to tai 188bet oil and gas industry of Vietnam over tai 188bet past time. Petrovietnam wishes to continue receiving tai 188bet support and assistance to accelerate tai 188bet implementation of projects, making a worthy contribution to assurance of energy security, sustainable economic development, and social security of tai 188bet country.

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