PetroVietnam Power: first LNG power plant connected to grid

of January 2025, the total construction progress of Nhon Trach 3 and 4 projects had reached nearly 96 percent, according to the firm.

PV Power said it is working to accelerate the progress and put both plants into operation in 2025.

Deal with PV Gas

PV Power and PV Gas are still working to sign the final gas supply agreement for these plants.

The two firms are taking the final steps to sign the GSA, ensuring a long-term and stable gas source for future operations, PV Power said.

In November last year, PV Gas signed a contract with PV Power to supply the commissioning LNG cargo for the latter’s Nhon Trach 3 and Nhon Trach 4 power plants.

PV Gas launched its Thi Vai LNG terminal on October 29, 2023, after nearly 4 years of construction and commissioning.

This is Vietnam’s first LNG import terminal.

PV Gas is also working to increase the capacity of the facility to 3 mtpa-