Vietnamplus

Petrovietnam Gas JSC (PV GAS) has confirmed a purchase with Shell PLC, facilitating the world's leading LNG supplier to transport its first LNG shipment to Vietnam.

Fitch Ratings has rated Petrovietnam Gas Joint Stock Corporation (PV GAS) as a Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BB' with a positive outlook.

The one-million-tonne Thi Vai LNG storage project invested by Petrovietnam Gas Joint Stock Corporation (PV GAS) has reached 97.08% of the progress, with a total safe time of more than 2.73 million hours and no occupational accidents during project implementation.

The Petrovietnam Gas Joint Stock Corporation (PV GAS) - a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), has over the recent past sped up digital transformation with the aim of promoting efficiency of its production and business, and increasing competitiveness.

The Petrovietnam Gas Joint Stock Corporation (PV GAS) posted a pre-tax profit of 14 trillion VND (nearly 590 million USD) in the first three quarters of 2022, up 61.8% year-on-year.

The Petrovietnam LPG Joint Stock Company (PV GAS LPG)’s southern branch, an affiliate of the PetroVietnam Gas Joint Stock Corporation (PV GAS), has officially put into use a liquefied petroleum gas (LPG) extraction and filling station in the central province of Khanh Hoa.

PV GAS Trading, an affiliate of the PetroVietnam Gas Joint Stock Corporation (PV GAS), recently provided the first batch of propane for the southern petrochemical complex of the Long Son PetroChemicals Co. Ltd (LSP).

The Vietnam Oil and Gas Group (Petrovietnam) is taking measures to create favourable conditions for production and trading of gas products in the remaining months of 2022, given negative impacts of the world energy crisis on the consumption demand for liquefied petroleum gas (LPG), and liquefied natural gas (LNG).

Four member companies of the Vietnam Oil and Gas Group (PetroVietnam) have been named in the list of the top 50 listed firms in Vietnam in 2022 compiled by Forbes Vietnam.

PetroVietnam Low Pressure Gas Distribution JSC (PV Gas D) – a subsidiary of Vietnam Gas Corporation (PV GAS) -aims to become a leading natural gas products and re-engineered LNG distributor, ensuring clean fuel supply to industrial parks and urban areas in Vietnam, according to its business strategy to 2025.

The Petrovietnam Gas Joint Stock Corporation (PV GAS) posted an after-tax profit of nearly 7 trillion VND (300 million USD) in the first six months of 2022, up 87% compared to the target and 59% year-on-year.

The PetroVietnam Gas Joint Stock Corporation (PV GAS) has been named among the top 50 listed companies in 2022 by Forbes Vietnam for the 10th consecutive year.

PetroVietnam Gas JSC (PV Gas) and the AES Corporation of the US have been granted an investment certificate and a business registration certificate for the Son My liquefied natural gas (LNG) terminal project.

PetroVietnam Gas Corporation (PV GAS) should make efforts to achieve the target of annual growth of 10 percent in 2022 and following years, General Director of the Vietnam National Oil and Gas Group (PetroVietnam) Le Manh Hung has said.

PetroVietnam Gas Joint Stock Corporation (PV GAS) has become one of the five businesses with market capitalisation of over 10 billion USD in November.

Despite the recovery of petrol prices, profits of many businesses in the oil and gas sector dropped in the third quarter of this year due to impacts of the COVID-19 pandemic.

The PetroVietnam Gas Joint Stock Corporation (PV GAS) and US-based AES Corporation signed a joint venture agreement on the establishment and operation of Son My LNG port warehouse limited company in New York on September 22 (local time).

Petrovietnam Gas (PVGas) has earmarked 248 million USD from its profits in 2020 to pay a 30-percent dividend to its shareholders.

The PetroVietnam Gas Trading Company (PV GAS Trading) received a batch of 46,000 tonnes of refrigerated liquefied petroleum gas (LPG) from Saudi Aramco in early June, making it the first direct customer of the Saudi Arabian public petroleum and natural gas company in Vietnam.

The PetroVietnam Gas Joint Stock Corporation (PV GAS) has been named among the top 50 listed companies 2021 by Forbes Vietnam for the 9th consecutive year.