Construction starts on one-million-tonne Thi Vai LNG warehouse Business

Construction starts on one-million-tonne Thi Vai LNG warehouse

The state-owned oil and gas group PetroVietnam (PVN) and its member company, PetroVietnam Gas Corporation (PV Gas) started construction on a liquefied natural gas (LNG) warehouse at Thi Vai Terminal in the southern province of Ba Ria – Vung Tau on October 28.
HCM City's eco-friendly buses face fuel shortage Society

HCM City's eco-friendly buses face fuel shortage

After several years of using eco-friendly compressed natural gas (CNG) to fuel some of its fleet, Ho Chi Minh City’s public bus system is now on the verge of a fuel shortage as the only supplier plans to reduce supply, Tuoi Tre (Youth) newspaper has reported.
PV Gas to provide LNG for two Nhon Trach power plants Business

PV Gas to provide LNG for two Nhon Trach power plants

The PetroVietnam Gas Corporation (PV Gas) will be a supplier of liquefied natural gas (LNG) for the Nhon Trach 3 and 4 power plants under a framework agreement between the firm with the PetroVietnam Power Corporation (PV Power).
HCM City to set up more CNG filling stations Society

HCM City to set up more CNG filling stations

Ho Chi Minh City’s Department of Transport plans to set up three new compressed natural gas (CNG) filling stations to meet refueling demand of CNG buses this year, according to the director of the department’s Public Transportation Management Centre.
PV Gas forecasts lower earnings for 2018 Business

PV Gas forecasts lower earnings for 2018

The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), is targeting 55.7 trillion VND (2.47 billion USD) in its total revenue and 6.43 trillion VND (283.2 million USD) in post-tax profit for 2018, heard the company’s annual shareholder meeting last week.
PetroVietnam to continue with large-scale divestment  Business

PetroVietnam to continue with large-scale divestment

The State-owned Vietnam Oil and Gas Group (PetroVietnam or PVN) has drafted a plan for a comprehensive restructuring until 2025, under which it will continue with large-scale divestment from all of its member corporations and companies.