PV GAS and PETRONAS Strengthen Cooperation in 188bet apk LNG Sector

Welcoming 188bet apk delegation on behalf of PV GAS was Mr. Nguyen Phuc Tue – Deputy General Director of 188bet apk Corporation – along with representatives from relevant departments and divisions.

 
 188bet apk entire scene of 188bet apk working session between PV GAS and PETRONAS.

PETRONAS is one of 188bet apk world’s leading energy corporations, with a fully integrated presence across 188bet apk oil and gas value chain, from upstream exploration to downstream distribution. In 188bet apk liquefied natural gas (LNG) sector, PETRONAS is currently among 188bet apk top global suppliers, with an annual trading volume of approximately 33 million tons and a vast network of international partners.

188bet apk long-standing partnership between Petrovietnam and PETRONAS has spanned over three decades, with notable upstream oil and gas projects such as Block PM3-CAA and Ham Rong – Thai Binh. Most recently, in November 2023, 188bet apk two sides signed a Memorandum of Cooperation (MoC), expanding their collaboration into promising new areas including renewable energy, gas, and petrochemicals.

 
 Mr. Nguyen Phuc Tue discussed 188bet apk cooperation opportunities between 188bet apk two parties.

To turn 188bet apk MoC’s cooperation initiatives into reality, PV GAS and PETRONAS have reached an agreement and signed a deal for an LNG cargo scheduled for delivery in early April 2025. 188bet apk shipment, valued at approximately VND 1,000 billion (around USD 40 million), marks a significant milestone and represents 188bet apk initial step in commercial LNG cooperation between 188bet apk two companies in 188bet apk Vietnamese market.
During 188bet apk session, both parties also exchanged insights on potential collaboration across 188bet apk gas and LNG value chain, including supply arrangements, infrastructure development in 188bet apk gas industry, and other related sectors, to help meet Vietnam’s rising energy demands.

 
 Mr. Shamsairi M. Ibrahim spoke about 188bet apk commitment to cooperate with PV GAS.

Speaking at 188bet apk meeting, Mr. Shamsairi M. Ibrahim reaffirmed PETRONAS’s commitment to working closely with PV GAS and emphasized 188bet apk shared vision of building a sustainable, mutually beneficial partnership.

188bet apk two sides agreed to maintain regular discussions and work toward concretizing future cooperation initiatives. These include evaluating 188bet apk possibility of LNG purchases by PV GAS under medium- and long-term contracts. This strategic collaboration not only delivers tangible economic value for both companies, but also deepens 188bet apk relationship between Petrovietnam and PETRONAS and further promotes 188bet apk growing bilateral ties between Vietnam and Malaysia.

Both sides agreed to continue discussions and further concretize 188bet apk cooperation agreements in 188bet apk near future.