PV Gas receives second LNG delivery for power generation

PV Gas receives second LNG delivery for power generation

PV Gas, a subsidiary of state-owned Petrovietnam, received its second load of 70,000 tons of liquefied natural gas (LNG) at its port in Vietnam’s southern province of Ba Ria-Vung Tau on Thursday.

Energy - Fri, April 12, 2024 | 4:03 pm

PV Gas to supply LNG for power production

PV Gas to supply LNG for power production

PV Gas, a subsidiary of state-owned Petrovietnam, is set to supply 70,000 tons of LNG to state utility Vietnam Electricity (EVN) for power production, starting mid-April, PV Gas said Tuesday.

Energy - Thu, April 11, 2024 | 3:43 pm

Petrovietnam, subsidiaries ink gas sales deal with Japanese, Thai partners for $12 bln power project

Petrovietnam, subsidiaries ink gas sales deal with Japanese, Thai partners for $12 bln power project

State-run Petrovietnam and its subsidiaries have signed deals with Japanese and Thai partners to buy gas for their long delayed $12 billion power project at Block B-O Mon.

Energy - Fri, March 29, 2024 | 2:05 pm

Petrovietnam, PTSC must establish renewable energy hub in southern Vietnam: Deputy PM

Petrovietnam, PTSC must establish renewable energy hub in southern Vietnam: Deputy PM

State-owned Petrovietnam and its technical arm PTSC should cooperate with localities to establish a renewable energy hub in the southern region, said Deputy Prime Minister Tran Hong Ha.

Energy - Mon, February 5, 2024 | 11:20 am

Special mechanisms needed for offshore wind, LNG-to-power projects in Vietnam

Special mechanisms needed for offshore wind, LNG-to-power projects in Vietnam

Vietnam’s Ministry of Industry and Trade has supported a request from developers of offshore wind power and LNG-to-power projects for special incentives as the country seeks to speed up its energy transition.

Energy - Sat, December 16, 2023 | 12:08 pm

Vietnam’s first LNG power plants on track for commercial runs

Vietnam’s first LNG power plants on track for commercial runs

The under-construction Nhon Trach 3 and Nhon Trach, the first LNG-to-power plants in Vietnam, are set to begin commercial operations on November 15, 2024 and May 15, 2025, respectively.

Energy - Sat, December 9, 2023 | 3:19 pm

Vietnam should speed up implementation of new power plan, offshore wind projects: Equinor

Vietnam should speed up implementation of new power plan, offshore wind projects: Equinor

Petrovietnam and Equinor, two state-owned oil-gas firms of Vietnam and Norway, have signed an agreement on clean energy, extending their cooperation to hydrogen, ammonia, carbon capture and storage. On the occasion, The Investor talks to Jacques-Etienne Michel, country managing director and country representative Equinor Vietnam, on Norway's offshore wind development experiences and the firm's plans in the Southeast Asian country.

Executive Talk - Fri, November 17, 2023 | 8:53 am

LNG-fired electricity unlikely in 2024: PV Gas

LNG-fired electricity unlikely in 2024: PV Gas

It is unlikely that LNG can be sold to power plants for electricity generation in 2024, “as the mechanism for LNG-fired power remains complicated,” said PV Gas CEO Pham Van Phong.

Energy - Wed, November 15, 2023 | 8:46 pm

Petrovietnam signs implementation deals for long-delayed $12 bln gas-to-power project

Petrovietnam signs implementation deals for long-delayed $12 bln gas-to-power project

State-owned Petrovietnam signed implementation deals with Japanese and Thai partners Monday for a $12 billion gas-to-power project at Block B-O Mon.

Energy - Mon, October 30, 2023 | 5:49 pm

PV Gas inaugurates Vietnam’s first LNG terminal

PV Gas inaugurates Vietnam’s first LNG terminal

PV Gas has inaugurated its $300-million LNG Thi Vai terminal with an annual capacity of one million tons, the first and biggest such facility in Vietnam.

Energy - Mon, October 30, 2023 | 4:30 pm

Petrovietnam posts $1.7 bln profit in Jan-Sep, beating 2023 target

Petrovietnam posts $1.7 bln profit in Jan-Sep, beating 2023 target

State-owned national oil and gas group Petrovietnam made a total pre-tax profit of VND42.5 trillion ($1.74 billion) on revenue of VND643.2 trillion ($26.32 billion) in the first nine months of 2023.

Energy - Thu, October 5, 2023 | 10:10 am

Redo draft deployment proposal for national power plan: Deputy PM

Redo draft deployment proposal for national power plan: Deputy PM

Deputy PM Tran Hong Ha has asked the Ministry of Industry and Trade to redo its deployment proposal for the national power development plan VIII (PDP VIII) towards making it more comprehensive.

Energy - Tue, September 19, 2023 | 8:00 am

Petrovietnam set to begin work on two thermal power plants in Mekong Delta

Petrovietnam set to begin work on two thermal power plants in Mekong Delta

State-owned Petrovietnam plans to begin work this year on the O Mon 3 and O Mon 4 gas-fired thermal power plant projects in the Mekong Delta.

Energy - Fri, June 30, 2023 | 5:37 pm

Petrovietnam earmarked as new investor for long-delayed gas power projects in Can Tho

Petrovietnam earmarked as new investor for long-delayed gas power projects in Can Tho

Ministries in Vietnam have asked Prime Minister Pham Minh Chinh to transfer two delayed gas-fired power projects in the Mekong Delta from state utility Vietnam Electricity (EVN) to Petrovietnam.

Energy - Tue, May 30, 2023 | 12:07 pm