Against the backdrop of complex developments in the global energy market, particularly the instability in the Middle East affecting global supply, PV Gas received two LNG shipments with a total volume of approximately 60,000 tons, equivalent to about 80 million Sm³ of natural gas, in early April, the company said on Thursday.
This brings the cumulative total to over 123,000 tons of LNG since the beginning of 2026, ensuring a stable gas supply for power generation during the peak dry season, PV Gas said.
PV Gas received the second LNG vessel of the year, Dapeng Princess, from Malaysia on April 3, 2026, at the Thi Vai LNG terminal, carrying approximately 32,700 tons of cargo.
Subsequently, on April 8, the third vessel, Kool Blizzard, delivered approximately 27,300 tons of LNG from Brunei, PV Gas said.
Before these shipments, PV Gas received a cargo of LNG from Qatar at its Thi Vai LNG import terminal, the company’s first LNG import shipment in 2026.
The QatarEnergy-chartered 174,000-cbm LNG carrier, Fat’h Al Khair, docked at the Thi Vai LNG terminal on March 10, carrying approximately 63,000 tons of LNG.
Notably, the ship departed the Middle East and passed through the Strait of Hormuz before military tensions in Iran erupted, PV Gas said.
PV Gas said the timely arrival of these two LNG shipments is particularly important given declining domestic gas supply, while gas consumption for power generation is rising to meet electricity demand during the dry season.
Notably, alongside its import operations, PV GAS has recently completed an upgrade to increase the regasification capacity of the Thi Vai LNG terminal to 288 tons per hour, equivalent to approximately 9.5 million Sm³ per day.
In the coming period, PV Gas said it will continue to intensify LNG import operations, optimize gas infrastructure operations, and proactively coordinate gas supply.
