PV GAS provides 70,000 tons of liquefied natural gas (LNG) to serve electricity production for Phu My 3 Thermal Power Plant during the peak of the dry season.
On April 10, PetroVietnam Gas JSC (PV GAS) said that implementing Directive No. 05/2024 of the Prime Minister on ensuring electricity supply, supply of coal and gas for electricity production, the unit has just signed a contract to sell nearly 70,000 tons of LNG to the Vietnam Electricity Group (EVN).
Accordingly, the Al Jassasiya train will provide nearly 70,000 tons of LNG from Ras Laffan, Qatar, and is expected to arrive at PV GAS Vung Tau Port Warehouse on April 11.
PV GAS said that the pioneering introduction of LNG to serve electricity production in Vietnam in the context of other fuel sources facing difficulties confirms PV GAS's commitment to ensuring energy security and fuel sources for the country's electricity production.
In addition, the supply of fuel for electricity production for Phu My 3 Thermal Power Plant strongly shows the spirit of "Energy to source innovation" in PV GAS's green energy journey.
The amount of LNG that will be supplied to Phu My 3 Thermal Power Plant in the period April to May 2024, is expected to add about 500 million kWh to the power system.
PV GAS is a unit with nearly 95.76% of shares owned by Vietnam Oil and Gas Group (Petrovietnam). Up to now, this is the first and only enterprise eligible for LNG import and export; At the same time, it owns a complete LNG port warehouse infrastructure system in Vietnam that has been operating since July 2023.
