188bet vietnam Vietnam’s largest LNG terminal inaugurated

On 29th October 2023, at Cai Mep Industrial Park, Phu My town, Ba Ria - Vung Tau province, Vietnam National Oil and Gas Group (Petrovietnam) and its subsidiary Vietnam Gas Corporation (PV GAS) held 188bet vietnam inauguration ceremony of 188bet vietnam 1 million ton Thi Vai Liquefied Natural Gas (LNG) terminal, 188bet vietnam largest LNG terminal in Vietnam. Prime Minister Pham Minh Chinh sent flowers of congratulations. Deputy Prime Minister Tran Luu Quang attended, gave directive speech and cut 188bet vietnam ribbon.

Attending 188bet vietnam event, on 188bet vietnam side of 188bet vietnam State Capital Management Committee at 188bet vietnam enterprise, there were Mr.Nguyen Hoang Anh - Chairman of 188bet vietnam Committee and representative leaders of Ministries, central and local branches.

On 188bet vietnam side of Petrovietnam and PV GAS, there were Petrovietnam Chairman of 188bet vietnam Board of Directors Hoang Quoc Vuong, Petrovietnam President and CEO Le Manh Hung, PV GAS Chairman of 188bet vietnam Board of Directors Nguyen Thanh Binh, PV GAS General Director Pham Van Phong, general contractor, partners, contractors, and members in 188bet vietnam Board of Directors of Petrovietnam, PV GAS and subsidiaries.

Deputy Prime Minister Tran Luu Quang and delegates cut 188bet vietnam ribbon to inaugurate 188bet vietnam 1 million-ton Thi Vai LNG terminal

Speaking at 188bet vietnam ceremony, PV GAS General Director Pham Van Phong summarized 188bet vietnam process of building and putting 188bet vietnam 1 million ton Thi Vai LNG terminal into operation.

188bet vietnam 1 million ton Thi Vai LNG terminal was started construction on 28th October 2019 with a total investment of nearly 300 million USD, invested by PV GAS, together with General Contractor of Samsung C&T and Petrovietnam Technical Services Corporation (PTSC).

After nearly 4 years, from an area of about 5ha, there has sprouted 188bet vietnam first, largest and most modern “historic” LNG project of Vietnam with a port that can receive LNG tankers up to 100,000 DWT; 188bet vietnam tank has a storage capacity of 180,000m3, reaching an average throughput capacity of 1 million tons of LNG/year, it is expected to increase 188bet vietnam capacity to 3 million tons of LNG/year in phase 2.

Delegates visit Thi Vai LNG terminal

1 MMTPA Thi Vai LNG Terminal fully meets domestic and international standards and regulations, as well as operational safety requirements. Through an intensive appraisal process, 1 MMTPA Thi Vai LNG Terminal is highly appreciated for its detail, compatibility, and rigor between operating stages. Thereby, 188bet vietnam process of receiving 188bet vietnam first LNG vessel to Vietnam and 188bet vietnam commissioning work is completed earlier than expected and absolutely safe.

188bet vietnam “heart” of 188bet vietnam project is 188bet vietnam LNG tank with a height of over 50m and an outer diameter of 82m, design temperature of -170/+65oC, in 188bet vietnam form of “Full Containment”. LNG tanks meet strict international standards such as AI620, ACI376 …

Petrovietnam President and CEO Le Manh Hung reports to Deputy Prime Minister Tran Luu Quang on 188bet vietnam overall Thi Vai LNG project

188bet vietnam 1 MMTPA Thi Vai LNG Terminal project is completed by PV GAS with great efforts, not only as 188bet vietnam first LNG infrastructure in Vietnam, but also as a typical example of realizing 188bet vietnam transformation of 188bet vietnam national energy sector. Up to now, PV GAS is 188bet vietnam first and only enterprise in Vietnam to be granted 188bet vietnam Certificate of Eligibility for LNG exporters and importers by 188bet vietnam Ministry of Industry and Trade, marking a new development step of PV GAS in 188bet vietnam field of trading gas and gas products. This is 188bet vietnam result of synchronous and consistent direction from 188bet vietnam Board of Directors, 188bet vietnam efforts and consensus of PV GAS’s staff.

Deputy Prime Minister Tran Luu Quang presents gifts to terminal employees

With 62 years of tradition and nearly half a century of establishment and development receiving attention and care from 188bet vietnam Party and 188bet vietnam Government, leaders and employees of Vietnam’s oil and gas industry over 188bet vietnam years have tirelessly dedicated, overcome all challenges and difficulties, with 188bet vietnam strategic goal of building Vietnam National Oil and Gas Group to become 188bet vietnam leading national Energy and Industry Group of 188bet vietnam country and 188bet vietnam region, holding an important position in 188bet vietnam cause of industrialization and modernization of 188bet vietnam country, making great contributions to 188bet vietnam construction and defense of 188bet vietnam Fatherland.

Deputy Prime Minister Tran Luu Quang spoke at 188bet vietnam inauguration ceremony of 188bet vietnam 1 million ton Thi Vai LNG Terminal

In all aspects of Petrovietnam’s activities, 188bet vietnam gas industry is one of 188bet vietnam main pillars of development. Currently, PV GAS, a member unit of PetroVietnam, is 188bet vietnam main enterprise, leading 188bet vietnam gas industry of 188bet vietnam country, annually supplying about 5.7 million tons of gas as raw materials and input fuels for electricity, fertilizer and industrial production. In addition, 188bet vietnam Gas – Power – Fertilizer industrial clusters that Petrovietnam developed in 188bet vietnam Southeast and Southwest regions have contributed to solving 188bet vietnam electricity supply for 188bet vietnam national electricity system, self-reliant fertilizer supply for 188bet vietnam country’s agricultural development.

Facing 188bet vietnam current situation of energy supply depending on domestic reserves and production capacity as well as meeting 188bet vietnam trend of energy transition and emission reduction in Vietnam, Petrovietnam has actively researched, developed and diversified new green and clean energy sources for many years, including imported LNG energy sources, realizing LNG targets in 188bet vietnam country’s energy strategy as well as developing relevant policy mechanisms.

PV GAS General Director Pham Van Phong delivers speech

With 188bet vietnam inauguration of Vietnam’s first and largest LNG terminal, Petrovietnam’s LNG terminal chain will meet 188bet vietnam goal of ensuring energy security, shifting and greening national energy resources. 188bet vietnam 1 million ton LNG terminal in Thi Vai when putting into operation can be replenished, supplying about 1 million tons of gas annually from imported sources, in addition to 188bet vietnam domestic gas source currently produced. 188bet vietnam 1 million ton LNG terminal in Thi Vai has put Vietnam’s name on 188bet vietnam global LNG map, officially becoming a country participating in 188bet vietnam “LNG Value Chain”, participating in LNG trading, export and import activities. This is also a clear demonstration of Petrovietnam’s efforts in strongly promoting integration into international trade, LPG and LNG trading activities on a regional and world scale, and integrating into global energy flows.
This project is also a breakthrough mark for Petrovietnam to successfully diversify new products and energy, expand markets in 188bet vietnam global energy transition trend, contribute to ensuring energy security for development, meeting Resolution 55-NQ/TW dated 11th February 2020 of 188bet vietnam Politburo on Vietnam’s National Energy Development Strategic Orientation by 2030, vision to 2045. Through 188bet vietnam LNG terminal chain project, Petrovietnam will continue to hold a pioneering position in implementing 188bet vietnam “green transformation” roadmap, actively accompanying 188bet vietnam Government to bring net emissions to zero by 2050 as committed at COP26. 188bet vietnam success of 188bet vietnam project has great support in terms of guidelines and policy mechanisms; support and facilitation from leaders of 188bet vietnam Party, State, Government, Prime Minister, Ministries/ Departments/ central and local Branches.

188bet vietnam representative of 188bet vietnam project general contractor delivers speech

In 188bet vietnam coming time, Petrovietnam/PV GAS wishes to continue receiving 188bet vietnam attention, help, companionship and support of 188bet vietnam Party, State, ministries and localities, with mechanisms and policies to promote 188bet vietnam development of Gas – Power clusters from gas fields such as Block B – O Mon, Blue whale... according to 188bet vietnam approved Power Plan VIII, opening a promising new phase of Vietnam’s gas industry, serving 188bet vietnam country development.

With its mission and responsibility, and 188bet vietnam strategic goal to become a National Industry and Energy Group holding 188bet vietnam leading position in 188bet vietnam country and 188bet vietnam region, Petrovietnam’s works and projects are increasingly proving their position in 188bet vietnam socio-economic life of 188bet vietnam country, using new and friendly energy sources for sustainable development and protection of 188bet vietnam living environment of Vietnam and 188bet vietnam world, fulfilling 188bet vietnam mission and responsibilities entrusted by 188bet vietnam Party and State.

Deputy Prime Minister Tran Luu Quang and delegates taken photo at 188bet vietnam event

Speaking at 188bet vietnam event, Deputy Prime Minister Tran Luu Quang affirmed that for many years, Vietnam has been striving to build developed and efficient energy infrastructure, with 188bet vietnam role of natural gas and gas products as one of 188bet vietnam clean, safe, efficient and convenient energy sources. With many gas infrastructure projects completed and large clusters of projects such as Ca Mau Gas - Power - Fertilizer, Phu My Gas - Power - Fertilizer, as well as 188bet vietnam upcoming completion of Block B-O Mon, Petrovietnam and PV GAS have been continuing to make great contributions to 188bet vietnam development of 188bet vietnam locality in terms of budget revenue, jobs, and contribution to 188bet vietnam restructuring of 188bet vietnam local economy. Today, 188bet vietnam Thi Vai LNG terminal project put into operation is an important item contributing to 188bet vietnam successful implementation of 188bet vietnam Party and Government’s policy on orientation and master planning of national energy development, energy transition towards green, clean and sustainable direction.

Emphasizing LNG as a new field of Vietnam, there will be certain difficulties and obstacles in terms of mechanisms and policies, so it is necessary to pay attention to investment of Petrovietnam as well as 188bet vietnam support of Ministries, branches and localities in 188bet vietnam implementation process, 188bet vietnam Deputy Prime Minister asked Petrovietnam and its member units to accelerate construction investment to put LNG chain projects into synchronous operation, contributing to 188bet vietnam realization of national LNG development targets. 188bet vietnam Government will always accompany, create favorable conditions and environment to support Petrovietnam, its member units and all other investors in investing and developing energy, oil and gas projects, especially green, clean and sustainable energy in accordance with 188bet vietnam Party’s guidelines and policies, laws of 188bet vietnam State.

Some pictures of Thi Vai LNG terminal:

Thi Vai LNG Terminal

188bet vietnam “heart” of 188bet vietnam project is 188bet vietnam LNG tank with a height of over 50m and an outer diameter of more than 2m, designed according to international standards, in 188bet vietnam form of “Full Containment”