LNG EXPLORATION AND PRODUCTION PROCESS
Liquefied Natural Gas (LNG) is natural gas with a main component of methane (CH4) and a mixture of ethane (C2H6). LNG is colorless, odorless, non-toxic, and non-corrosive. It is cooled to a liquid state at a temperature of approximately -162°C.
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THE FIRST LNG STORAGE IN VIETNAM
On October 28, 2019, the construction project for the Thị Vải LNG terminal officially commenced at the Cái Mép Industrial Zone, Bà Rịa - Vũng Tàu province, with PV Gas as the investor. This is a major and key project of Vietnam's Oil and Gas industry, implemented by a joint venture of Samsung C&T and PetroVietnam Technical Services Corporation (PTSC). This is also the first and largest, most modern LNG terminal in Vietnam at present.
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WHAT IS PRU?
PRU (Pressure Reducer Unit) is a part of the compressed natural gas supply system. The main function of PRU is to reduce the gas pressure from high pressure to the appropriate pressure for use.
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GAS PRICE 07/2023
Gas price in July 2023 reached: 387.5 USD/ton, the price continued to decrease compared to June 2023.
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DISTINGUISHING LPG, CNG, AND LNG
It is essential to differentiate between LPG, CNG, and LNG to understand the characteristics and applications of each gas. Learn more about the differences and applications of these gases here.
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THE FUEL CONVERSION TABLE FOR GAS (CNG, LPG, FO, DO)
Nowadays, gas is a very important fuel with many different uses and performance. So, customers need to understand the fuel conversion table to minimize confusion and make the right choice for their needs and abilities. Below is a table of information on conversion of fuel to gas, everyone can refer to it.
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THE IMPACT OF RUSSIA'S OIL AND GAS EXPORTS ON GLOBAL FUEL PRICES
In recent days, the continuous rise in gasoline and gas prices has had a significant impact on the lives of people and businesses both domestically and internationally. As of March 14, 2022, gasoline prices have been adjusted 7 times and have reached a peak of 30,000 VND/liter. The sharp increase in oil, gasoline, and gas prices is a strong factor affecting businesses and the Vietnamese economy in particular and the global economy in general.
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SURPRISING – BREAKTHROUGH – DURABLE
Closing a turbulent and unforgettable year of 2021. A long year when it seemed that all the challenges and difficulties could easily drown all dreams and hopes. However, the more difficulties we face, the more we need to strive and work harder, just like how we all "shouldered the burden" together to overcome a safe 2021.
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LNG IN INDUSTRIAL PRODUCTION
One of the common applications of liquefied natural gas (LNG) is as fuel for processing in industrial production activities such as heating, drying, burning, etc. Although this is a relatively new type of fuel and is not yet widely used in Vietnam, liquefied natural gas (LNG) is predicted to be a future fuel source in the industrial manufacturing sector due to its advantages.
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