VIETNAM NATIONAL OIL & GAS GROUP (PVN) www.pvgas.com.

vn

PETROVIETNAM GAS JOINT STOCKCORPORATION

(PVGAS)

VIETNAM LNG IMPORT

Bali – October 2012

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AGENDA
OUTLINES

1 PETROVIETNAM GAS CORPORATION

2 INITIATIVE FOR LNG IMPORT INTO VIETNAM

3 LNG IMPORT PROJECTS IN VIETNAM

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PETRO VIETNAM GAS CORPORATION

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PVGAS – THE KEY PLAYER IN VIETNAM GAS INDUSTRY

Founded in 1990 – a subsidiary of PetroVietnam (PVN).

IPO in November 2010 with 96% owned by PVN.

Listed on Ho Chi Minh Stock Exchange in May 2012.

Central player in midstream and retail activities in Vietnam gas
industry
Core business:
 Gas gathering, processing and transmission
 Gas storage, distribution and trading
 Gas import and export
 Gas technical services

Over 2000 employees

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GAS VALUE CHAIN

Power Plants

Cuu Long Basin Fertilizer Plants

PIPELINE GAS - CNG

Industrial

CONDENSATE

Commercial

Nam Con Son Basin

LPG Terminal

LPG Distributor

Industrial

Malay Tho Chu Basin Ca Mau & O Mon Complex

Commercial

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INITIATIVE FOR LNG IMPORT INTO VIETNAM

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GAS DEMAND SUPPLY IN SOUTHERN VIETNAM

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
30

25

20

15

10
BCM

0
-1.1
-1.8

-2.0

-2.0

-2.3

-5
-3.2

-3.6

-5.4

-7.0

-7.5
-10

-9.0

-11.1

-12.2
-15

-13.2

-15.4
-20
YEAR
MALAY-THOCHU BASIN NAM CON SON BASIN CUU LONG BASIN

GAS SHORTAGE TOTAL SOUTHERN GAS DEMAND

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KEY DRIVERS

Objectives

 Ensure national energy security

 Diversify the country’s fuel mix
 Address the projected gas supply shortfall
 Develop the gas market

As assigned by Vietnam Govt./PetroVietnam, PVGAS is carrying out

02 LNG receiving and Regasification Terminal projects:

 Thi Vai Terminal

 Son My Terminal

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THI VAI LNG TERMINAL PROJECT

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LOCATION

In South West -100 km away

from HCM city

Land is owned by PVGAS

The deepest river in Vietnam

(15-17m depth)

10 km to connect Gas
Distribution Center

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THI VAI TERMINAL’S CONFIGURATION

Type Conventional Onshore

1 mmtpa (may expand
Capacity
to 2 mmtpa)
Berths
No. of Berths 01
Capacity 155,000 m3
Storage
No. of Tanks 01
Type Full containment
Capacity 180,000 m3
Regas
Type Open Rack Vaporizer
No. of Vaporizers 02
Capacity 171 tons/hour

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LNG USERS

 Industrial customers

 Power plants (IPP)

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PROJECT SCHEDULE

EPC will be in Q.1- 2013

Expected operation in 2016

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SON MY LNG TERMINAL PROJECT

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LOCATION

Onshore terminal

Located in south central of

Vietnam, Son My, Binh Thuan
Province.

180 km away from HCM city

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LNG USERS

Son My Power Complex as anchor

customer.

New IPP in South Central and

South.

Export to Phu My GDC

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SON MY POWER COMPLEX

Son My Power Complex (IP)

 Phase 1: 2018 – 1.8 MTPA

(2000 MW)

 Phase 2: 2020 – 3.6 MTPA

(4000 MW).

 Phase 3: 2023 onward – up to

6.0 MTPA (expand up to 9.6
mmtpa)

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SON MY TERMINAL’S PRIMARY CONFIGURATION

Type Conventional Onshore

Initial Capacity 3 MMTPA
Berths
No. of Berths 01
165,000 – 215,000
Capacity
m3
Storage
No. of Tanks 02 (3rd tank in future)
Type Full containment
Capacity 160,000 m3
Regas
Type Open Rack Vaporizer
No. of
02
Vaporizers
Initial Capacity 1.96 MMTPA

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SON MY LNG TERMINAL PROJECT SCHEDULE

Milestone Timing

FS Approval 2012

FEED Implementation Within 9 months

EPC Contractor Bid 6 – 12 months

EPC implementation Within 45 months

First gas 2018

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CONCLUSIONS

 LNG import into Vietnam is inevitable.

 Roles of Govt. in term of policy maker & PVGAS in term of project

executor.

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THANK YOU FOR YOUR ATTENTION!

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