PV Gas supplies rail-transported LNG to first customer in northern Vietnam

By Minh Hue
Sat, September 14, 2024 | 3:26 pm GMT+7

Vietnam CNG JSC (PV Gas CNG), a subsidiary of PV Gas, has completed the delivery of liquefied natural gas (LNG) transported by rail from the south to its first customer in northern Vietnam.

The delivery was made to the Catalan brick plant in Dong Tho commune, Yen Phong district, Bac Ninh province.

The first use of LNG in the country's northern region was made possible by PV Gas’s successful transport of LNG from the south to the north by rail, implementing the company's core strategy of integrating energy products nationwide, said a company release.

As the primary LNG retailer across the country, PV Gas CNG has demonstrated significant advancement in the fuel’s supply chain, underscoring its commitment to providing comprehensive clean energy solutions and contributing to the development of a green industry in Vietnam, it added.

Northern Vietnam's first LNG station becomes operational at Catalan brick plant in Bac Ninh province, northern Vietnam. Photo courtesy of PV Gas.

Northern Vietnam's first LNG station becomes operational at Catalan brick plant in Bac Ninh province, northern Vietnam. Photo courtesy of PV Gas.

Catalan JSC is a leading ceramic tile manufacturer in Vietnam that has established a strong position in the building materials industry, particularly in high-quality ceramic tile production, over nearly two decades.

Its products are available in all provinces and cities across Vietnam and are exported to the U.K., Germany, Australia, Taiwan, the UAE and several Middle Eastern countries.

To ensure safe and effective use of LNG by the brick plant, PV Gas CNG has paid special attention to the LNG station at the site.

“The station meets the highest technical standards, with modern infrastructure to ensure a smooth and uninterrupted process for receiving, storing and converting LNG for production,” the release said.

The company noted it has invested in large-capacity LNG storage tanks combined with re-gasification equipment and advanced safety control systems. The installation of the LNG station was carried out by experienced engineers and experts, strictly adhering to safety and environmental protection regulations, it added.

PV Gas CNG completes LNG delivery for its first customer in northern Vietnam, September 2024. Photo courtesy of PV Gas.

PV Gas CNG completes LNG delivery for its first customer in northern Vietnam, September 2024. Photo courtesy of PV Gas.

The use of LNG will not only help Catalan enhance production efficiency, particularly for its high-quality ceramic tiles, but also enable it to optimize costs and ensure operational safety.

LNG use will help the company reduce CO2 emissions, aligning its operations with the net-zero goal pledged by Prime Minister Pham Minh Chinh at COP26 in Glasgow in 2021.

The fuel shift will also be a key factor in helping Catalan enter demanding global markets.

The delivery to its first customer marks the successful beginning of PV Gas's LNG supply plan for the northern market, with plans to expand its customer base in the final months of 2024. This will further strengthen the company’s LNG supply chain and complete the national energy map.

The company said the successful delivery and installation of the LNG station was also a reaffirmation of its commitment to lead the nation’s competitive energy market in general and the gas industry in particular, promoting overall development of clean and sustainable energy sources.

Comments (0)
  • Read More
Vietnam's 5-month registered FDI hits $18.4 bln, up 51%

Vietnam's 5-month registered FDI hits $18.4 bln, up 51%

Registered foreign direct investment (FDI) in Vietnam hit $18.4 billion in the first five months of the year, up 51.1%, while disbursed capital reached $8.9 billion, up 7.9%.

Economy - Thu, June 5, 2025 | 6:52 pm GMT+7

Indonesia launches economic stimulus package to boost purchasing power

Indonesia launches economic stimulus package to boost purchasing power

The Indonesian Government has rolled out an economic stimulus package worth IDR24.44 trillion (nearly $1.53 billion) to maintain consumer purchasing power and stabilize the national economy.

Southeast Asia - Thu, June 5, 2025 | 4:06 pm GMT+7

Vinhomes subsidiary to develop two industrial parks worth $383 mln in northern Vietnam

Vinhomes subsidiary to develop two industrial parks worth $383 mln in northern Vietnam

Vinhomes Hai Phong Industrial Park Investment JSC under Vinhomes, the housing arm of Vietnam’s conglomerate Vingroup (HoSE: VIC), is expected to be the investor of two industrial parks worth VND10 trillion ($383 million) in the northern port city of Hai Phong.

Real Estate - Thu, June 5, 2025 | 3:54 pm GMT+7

Agriculture drives Indonesia’s economic growth

Agriculture drives Indonesia’s economic growth

Agriculture is emerging as a key driver of Indonesia’s economic growth, especially in the first quarter of 2025, according to the latest report by the Indonesian Institute for Development of Economics and Finance (INDEF).

Southeast Asia - Thu, June 5, 2025 | 3:46 pm GMT+7

Vietnam's logistics heavyweight Gemadept plans over $38 mln buyback if shares plunge

Vietnam's logistics heavyweight Gemadept plans over $38 mln buyback if shares plunge

Gemadept, Vietnam's leading port and logistics company, listed on the Ho Chi Minh Stock Exchange as GMD, plans to buy back 21 million shares, equivalent to 5% of its outstanding shares.

Companies - Thu, June 5, 2025 | 3:32 pm GMT+7

Vietnam, US to hold third round of reciprocal trade pact talks in first half of June

Vietnam, US to hold third round of reciprocal trade pact talks in first half of June

The third technical round of negotiations for a reciprocal trade agreement between Vietnam and the U.S. is expected to take place in the first half of June, as agreed by their trade ministers on Wednesday.

Economy - Thu, June 5, 2025 | 3:22 pm GMT+7

Housing developer Vinhomes, consortium partners win bid for $10 bln urban area project in central Vietnam

Housing developer Vinhomes, consortium partners win bid for $10 bln urban area project in central Vietnam

Vinhomes, the housing development arm of Vietnam’s conglomerate Vingroup (HoSE: VIC), and its consortium partners have won the bid to develop a VND260.3 trillion ($9.97 billion) urban area project in the south-central province of Khanh Hoa.

Real Estate - Thu, June 5, 2025 | 12:15 pm GMT+7

Agriculture ministry proposes police probe into allegations C.P. Vietnam sold 'diseased pork'

Agriculture ministry proposes police probe into allegations C.P. Vietnam sold 'diseased pork'

The Ministry of Agriculture and Environment on Wednesday asked the Ministry of Public Security to investigate social media allegations that C.P. Vietnam, a subsidiary of Thailand’s food giant Charoen Pokphand Foods Public Company Limited (CPF), sold “diseased pork.”

Companies - Thu, June 5, 2025 | 8:32 am GMT+7

Vietnam a strategic manufacturing hub in Asia amid global supply chain reshuffle: exec

Vietnam a strategic manufacturing hub in Asia amid global supply chain reshuffle: exec

Vietnam has emerged as a strategic manufacturing hub in Asia amid the substantial restructuring of global supply chains, said Dhamcharee Varaporn, managing director of RX Tradex Thailand & Vietnam, a leading exhibition organizer.

Companies - Thu, June 5, 2025 | 8:00 am GMT+7

Vietnam's major developer Tan Hoang Minh wants to make Da Lat 'Asia’s most livable town'  

Vietnam's major developer Tan Hoang Minh wants to make Da Lat 'Asia’s most livable town'  

Do Anh Dung, chairman of Tan Hoang Minh, on Tuesday proposed that authorities of Lam Dong province support the property developer in planning a 4,320-hectare smart urban area project in the resort town of Da Lat.

Real Estate - Wed, June 4, 2025 | 10:36 pm GMT+7

Vietnam’s economic landscape 'positive' amid global headwinds: Prime Minister

Vietnam’s economic landscape 'positive' amid global headwinds: Prime Minister

Vietnam’s socio-economic situation has been trending positively, with stable macroeconomic conditions, inflation under control, and major economic balances well maintained, says Prime Minister Pham Minh Chinh.

Economy - Wed, June 4, 2025 | 5:23 pm GMT+7

Unleashing the quantum power in banking

Unleashing the quantum power in banking

While quantum computing remains in its early stages, its potential to reshape the financial landscape is undeniable. Institutions that act now, by investing in research, forming strategic partnerships, and deploying pilot use cases, will be at the forefront of this transformation, writes Phillip Wright, COO at HSBC Vietnam.

Consulting - Wed, June 4, 2025 | 3:59 pm GMT+7

How Jardine Matheson expands footprint in Vietnam

How Jardine Matheson expands footprint in Vietnam

From a quiet financial investment in 2008, Jardine Matheson, a diversified, Asia-focused investment company based in Bermuda, has steadily expanded its influence in Vietnam, one of Southeast Asia’s fastest-growing economies.

Companies - Wed, June 4, 2025 | 2:57 pm GMT+7

Vietnam, Japan see 'strong collaboration prospects in developing green, eco-friendly products'

Vietnam, Japan see 'strong collaboration prospects in developing green, eco-friendly products'

Vietnam and Japan have vast potential for cooperation in the development of green and environmentally friendly products, said general secretary of the ASEAN-Japan Center (AJC) Kunihiko Hirabayashi.

Economy - Wed, June 4, 2025 | 12:16 pm GMT+7

Quynh Lap LNG-fired power project in central Vietnam seeks in-principle approval

Quynh Lap LNG-fired power project in central Vietnam seeks in-principle approval

The $2.15 billion Quynh Lap LNG-fired power project, located in Nghe An province, is drawing significant interest from both international and domestic investors.

Energy - Wed, June 4, 2025 | 9:28 am GMT+7

Indonesia's coal exports dip on weak demand

Indonesia's coal exports dip on weak demand

Indonesia's coal exports dropped 6.43% to 160 million tons during January-April, according to the Energy and Mineral Resources Ministry.

Southeast Asia - Wed, June 4, 2025 | 8:48 am GMT+7