Against the backdrop of a volatile global energy market due to the geopolitical situation in the Middle East, PV Gas has completed the expansion of regasification capacity at the Thi Vai LNG Terminal to 288 tons per hour, the company announced in a statement on Tuesday.
PV Gas said this strengthens gas supply readiness for power generation during the peak dry season.
On April 2, a unit of PV Gas completed the test run to increase the regasification capacity of the Thi Vai LNG Terminal, following implementation phases on March 18–19 and April 1–2.
PV Gas said the test results confirmed that the system maintains safe and stable operations at a rate of 288 tons per hour, compared to the initial design capacity of 171 tons per hour, equivalent to approximately 9.5 million standard cubic meters per day.
It did not provide further information regarding the capacity increase.
The company previously said that it is working to increase capacity at its 1 mtpa Thi Vai LNG terminal to approximately 3 mtpa.
Launched in 2023, Vietnam’s first LNG import facility comprises one 180,000-cbm LNG tank, a jetty, and a regasification area.
The facility supplies natural gas to PetoVietnam Power’s Nhon Trach 3 and 4 LNG power plants.
PV Power launched commercial operations at its LNG power plants in December last year.
Vietnam’s first LNG power plants have a total capacity of 1.6 GW.
In addition, PV Gas recently signed an addendum to a long-term LNG sales contract with PV Power, also a PetroVietnam subsidiary, to supply fuel for Nhon Trach 3 and 4 power plants.
PV Gas also signed a framework agreement with compatriot power utility EVN to supply gas to the latter’s Quang Trach II and III LNG power plants.
According to PV Gas, the supply of regasified LNG to these plants would come from its planned North Central LNG terminal project, which will be located in the Vung Ang Economic Zone.
