In recent years, the demand for liquefied natural gas has increased significantly, especially in the industrial and energy sectors. This is a clean and efficient fuel source, highly appreciated for its reduction of emissions and environmental preservation. Because of the development of the LNG industry in Vietnam, many subsidiaries and enterprises have registered to import and distribute high-quality LNG, serving increasing the demand of the market.
The consumers require not only reliable supply but also quality assurance and reasonable prices. Besides, safety during transportation and reservations is also an essential factor that needs to be ensured.
Let's discover reputable LNG trading companies in Vietnam where you can find quality products and the best service for your needs.
1. Where to buy LNG in Vietnam?
1.1. Top LNG suppliers:
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Gas South: A pioneer in the field of investment in equipment systems and one of the top suppliers of LNG in Vietnam, Gas South is committed to providing high-quality products and the best services to customers. Gas South ensures the safety and reliability of your customer's purchasing processes owing to an advanced LNG supply and transportation system.
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PetroVietnam Gas Joint Stock Corporation (PV Gas): the company that supplies high-quality and reputable LNG to industries and energy.
1.2. Areas and ports for importing LNG
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The LNG Thi Vai Terminal - located in Ba Ria Vung Tau Port: is one of the most important areas that imports and distributes LNG in Vietnam. LNG Thi Vai Port plays an important role in distributing LNG to the industry and energy sector in the southern Vietnamese market.
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Son My LNG Terminal located in Binh Thuan, is one of the most essential ports for importing and distributing LNG,Son My LNG Terminal distributes LNG to energy projects and industry in Central and Southern Vietnam.
1.3. LNG-to-power projects:
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Nhon Trach 3 & 4 Project: Nhon Trach 3 & 4 project is the first LNG-fueled thermal power project in Vietnam, contributing to the implementation of the "Commitment to Net Zero Emissions in 2050" of the Prime Minister at the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP26).
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Chan May - Thua Thien Hue LNG Project: the project has 6 billion USD in capital investment, and supply for the power plant is expected to be 4,000 MW. This project will be operated in the first phase in 2024.
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LNG - Hai Phong Gas Group Power Plant Project: The project has a capital investment of 5 billion USD to supply the gas power plant with a capacity of 4,500 MW. The operation is expected to take place in 2026-2027.
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Hai Lang - Quang Tri LNG project: The project has a capital investment of 2.3 billion USD to supply gas to Hai Lang power plant with a first capacity of 1,500 MW and is expected to operate in 2026-2027.
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The Bac Lieu LNG Thermal Power Center, with a total capacity of 3200 MW, is expected to operate in the period 2024-2027. The first stage of the project, with a capacity of 800 MW, will operate in 2024-2025.
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The first stage of Long Son LNG Power Center has a capacity of about 1200-1500 MW, the operation will be in 2025-2026.
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The first stage of Ca Na LNG Power Center (Ninh Thuan) has a capacity of about 1500 MW, the operation is expected in 2025-2026.
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The Son My Thermal Power Project series includes: Son My 1 and 2 Thermal Power Plants (Binh Thuan) have a total capacity of about 4000 MW. It is expected that these power plants will operate in the years 2024-2027.
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By knowing about these reputable LNG suppliers and locations, you can make an informed choice and ensure high-quality LNG procurement in Vietnam.
2. LNG trading company
The company’s ability to import and distribute LNG from supplies around the world is one of the key factors of an LNG trading company. These companies often have wide networks and partnerships with the top manufacturers and suppliers around the world, ensuring a stable and quality supply for the domestic market.
LNG trading companies have impressive characteristics and advantages:
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Large productive capacity and scale ensure a reliable and sufficient supply of LNG for projects and industries.
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Following international standards for quality and safety during the production, transportation and storage of LNG. This ensures that the supplied LNG meets quality and reliability requirements.
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The ability to reserve and transport LNG safely and efficiently. They invest in LNG storage and transportation infrastructure to serve their customers well.
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LNG is very useful in industry, energy and transportation. LNG trading companies have the ability to supply LNG to processing industries, thermal power plants, sea and land transportation, renewable energy systems, and more.
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Using LNG helps save energy costs, reduce emissions and protect the environment. LNG trading companies contribute to promoting sustainability and reducing harm to the environment.
Because of its characteristics and advantages, LNG trading companies play an important role in providing clean and reliable energy for industries and energy projects in Vietnam and around the world.
3. Where is liquefied natural gas (LNG) imported from?
Importing LNG is a solution to provide energy for the needs of countries and regions that do not produce natural gas. This allows countries to utilize energy resources from different supplies around the world.
All over the world, there are many countries and regions that produce and export LNG such as Qatar, Australia, the US, Russia, and Malaysia, which are famous for being major international LNG suppliers. LNG trading companies often create partnerships and sign contracts with LNG producers from those countries to import and supply LNG to the domestic market.
In Vietnam, the import of LNG is also growing day by day. Currently, LNG gas infrastructure projects such as LNG ports, warehouses, and pipeline systems have been constructed and developed to import LNG for serving domestic demand. The import of LNG from countries such as Qatar, Australia, the US, Russia, etc. is being implemented and plays an important role in ensuring a stable and reliable energy supply for Vietnam.
By importing LNG, Vietnam has a chance to approach clean fuel, save costs, and contribute to national energy security. The development of LNG gas infrastructure and the expansion of the international cooperation network in this field will continue to improve the ability to import LNG from diverse global sources, creating suitable conditions for energy development and creating Vietnam's sustainable energy in the future.
Read more: Applications of compress natural gas (CNG) in Daily Life
Gas South, with its professionalism and reputation in the field of LNG trading, is essential in spreading knowledge and distributing LNG sources to businesses and factories. Furthermore, Gas South is also moving forward to develop innovative energy solutions and promote the use of LNG in new fields, such as portable energy, transportation and industry. This not only saves costs and enhances operational efficiency but also contributes to the country's sustainable development towards a cleaner energy future.
Businesses and individuals wishing to purchase or use LNG can directly contact Gas South with the following information:
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Company Name: Southern Gas Trading Joint Stock Company
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Head office: 4th Floor Petrovietnam Tower, No. 1-5 Le Duan, Ben Nghe Ward, District 1, Ho Chi Minh City
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Phone: (84.28) 3910.0324 - 3910.0108
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Fax: (84.28) 3910.0165
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Website: http://www.pgs.com.vn
