PetroVietnam Gas gets Qatari LNG cargo

PetroVietnam Gas, a unit of state-owned PetroVietnam, has received a liquefied natural gas cargo from Qatar at its Thi Vai LNG import terminal.

The QatarEnergy-chartered 174,000-cbm LNG carrier, Fat’h Al Khair, docked at the Thi Vai LNG terminal on Tuesday morning, carrying approximately 63,000 tons of LNG, equivalent to about 87 million Sm³ of natural gas.

According to a statement by PV Gas, this is the company’s first LNG import shipment in 2026, further affirming its role in proactively ensuring energy supplies for the national power system, especially amid significant fluctuations in the global energy market.

This LNG shipment, arranged by PV GAS, was loaded on February 26 at QatarEnergy’s giant Ras Laffan LNG complex in Qatar, according to its AIS data from VesselsValue.

Notably, the ship departed the Middle East and passed through the Strait of Hormuz before military tensions in Iran erupted, ensuring that the transport journey was not interrupted amid the region becoming a geopolitical hotspot, PV Gas said.

QatarEnergy stopped producing LNG at its giant Ras Laffan complex on March 2 due to military attacks on its operating facilities. It declared force majeure to its affected LNG buyers on March 4.

PV Gas said the new gas supplies will be used to supply power plants, helping to ensure fuel sources for the national power system during a period of increasing energy demand.

“Amidst a volatile global LNG market, PV Gas’s proactive sourcing of supplies, early contract signing, and timely transportation continue to demonstrate the company’s gas supply chain management capabilities, while contributing to energy market stability and ensuring national energy security,” the company said.

LNG deliveries

Last month, PV Gas released a new tender inviting firms to submit bids for one spot LNG cargo for delivery from April 2 to April 7.

Before this, PV Gas had not issued a tender for spot LNG cargoes since May 2025.

However, in August 2025, PV Gas launched a tender seeking a five-year term deal for LNG supplies.

This was the first time PV Gas sought term LNG supplies.

PV Gas awarded this tender to a subsidiary of UK-based LNG giant Shell.

Under the term contract, Shell Eastern Trading will supply 20,700,000 MMBtu of LNG, or approximately 400,000 mt, per annum on a delivered ex-ship (DES) basis.

The LNG supplies will be delivered to the PV Gas-operated Thi Vai LNG terminal from 2027 until 2031.

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