Vietnam considers second LNG term contract after deal with Shell, document shows

The building of PetroVietnam headquarters is seen in Hanoi July 22, 2015. Police in Vietnam said on Tuesday they had detained the recently ousted chairman of state oil and gas company… Purchase Licensing Rights , opens new tab

The request sent in June to potential suppliers under a “market ​sounding exercise” is for the supply of 250,000-450,000 metric tons ⁠for the Thi Vai Terminal, with delivery starting in January 2027 ​or later, the document shows. No tender has been announced yet.

No term deal with any U.S. firms has been announced as Hanoi and Washington continue negotiations for a trade deal while Vietnam faces higher U.S. tariffs than ​those on many ​peers.

Thi ​Vai Terminal ⁠run by PV GAS can handle 1 million tons a year and is being expanded to 3 million tons per year. It supplies two power ⁠plants with ​combined capacity of 1.5 gigawatts.

The other terminal, ​Cai Mep Terminal owned by AG&P LNG, has a capacity of 3 million tons per ​year.

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