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PETRONAS and PV GAS strengthen strategic cooperation in the LNG sector

On March 26, 2025, at the headquarters of PetroVietnam Gas Corporation (PV GAS), a delegation from Malaysia’s National Oil and Gas Corporation, PETRONAS, led by Mr. Shamsairi M. Ibrahim – Vice President of the Corporation, paid a visit and held discussions with PV GAS. The meeting aimed to explore opportunities for further cooperation under the Memorandum of Cooperation (MoC) signed between Vietnam Oil and Gas Group (Petrovietnam) and PETRONAS. Representing PV GAS at the meeting were Mr. Nguyễn Phúc Tuệ – Vice President of PV GAS, along with representatives from relevant divisions and units.

PV GAS signs 25-year contract to distribute LNG fto Nhon Trach 3 and Nhon Trach 4 power plants of PV Power

Petrovietnam Gas Corporation (PV GAS) and Petrovietnam Power Corporation (PV Power) just signed a contract regarding the supply of LNG for the commercial operations of Nhon Trach 3 and Nhon Trach 4 power plants, making PV GAS the first and only long-term LNG power supplier in Vietnam.

PV GAS plans management strategy for 2025

A working delegation from Vietnam Oil and Gas Group (Petrovietnam), led by Mr. Le Manh Hung, Secretary of the Party Committee and Chairman of the Board of Member of Petrovietnam, had a meeting with Petrovietnam Gas Corporation (PV GAS) at PV GAS Vung Tau Processing Company (PV GAS VUNG TAU). During the meeting, Chairman Le Manh Hung emphasized the urgent task for 2025: accelerating the progress to increase the capacity of the Thi Vai LNG Terminal to 3 MTPA, ensuring sustainable development in the future.

PV GAS ready to become Vietnam's leading green energy provider

Low-emission hydrogen (H2) is considered a key factor for a carbon-neutral economy. PV GAS is a pioneer in research and development (R&D) as well as in promoting the production and use of low-emission H2 in Vietnam. On the occasion of welcoming the new year 2025, Dr. Pham Van Phong, CEO & President of PV GAS, recently had an interview with journalists about the role of the Corporation in providing clean energy for the country's socio-economic development. 

PV GAS surpasses 2024 targets

It is projected that PV GAS will exceed its production and business targets for 2024 with numerous records and historic milestones. These achievements affirms the Corporation has once again been able to navigate challenges, including a greater-than-expected decline in domestic supply and demand for gas in power generation, fierce competition from alternative energy sources, and an incomplete regulatory framework for the gas/LNG sector.

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© Copyright PETROVIETNAM GAS JOINT STOCK CORPORATION (PV GAS)
Address: Floor 12-15, PV GAS TOWER, No. 673 Nguyen Huu Tho Street, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City.
Phone: +84.28. 3781 6777 Fax: +84.28. 3781 5666 Email: pvgas@pvgas.com.vn

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