THI VAI LNG 1 MMTPA Storage

Frontier finished the site offices for PVGAS and Samsung C&T – PTSC Consortium, completed construction site infrastructure for Thi Vai LNG 1 MMTPA Terminal Project.

The Owner of Project – PV GAS is one member of Vietnam Oil and Gas Group (PVN). Thi Vai LNG 1 MMTPA Terminal Project is invested by PetroVietnam Gas Corporation (PV GAS) with the capacity of 1 million tons of LNG/year in phase 1, expected to be completed by 2022, and the capacity of 3 million tons of LNG/year in phase 2, expected to be completed in 2023. Thi Vai LNG Terminal is capable of receiving LNG tankers of up to 85,000 DWT. The main items of Phase 1 include LNG tank with the capacity of 180,000 m3 and technical instruments designed with the latest versions of Vietnamese standards, Vietnamese regulations and international standards… The total investment of the first phase is about $286 million USD, after completion in 2022, will supply about 1.4 billion m3 of gas to consumers including Nhon Trach 3 & 4 Power Plants as well as industrial customers, which partly offset gas domestic shortage after 2022.

For more details about PV GAS and Thi Vai LNG Terminal, please see more at: https://www.pvgas.com.vn/en-us/news/pv-gass-signing-ceremony-of-contracts-for-thi-vai-lng-nhon-trach-gas-power-project-chain