Gasprom’s Singapore subdivision Gasprom Marketing & Trading Singapore and Vietnamese Petrovietnam Gas Corp have signed the contract for liquefied natural gad (LNG) delIveries, reported the Vietnamese company. The volume and cost of delieveries are not specified.
LNG will be delivered to THE PV terminal in Vietnam. The company reported that the terminal with the carrying capacity of 1 million tons a year is planned to be put into operation in 2017.
In October 2013 Gasprom Marketing and Trading Singapore and Vietnamese joint stock corporation Petrovietnam Gas started commercial gas production on Mok Tin and Hay That fields located on the license blocs 05-2 and 05-3 offshore of Vietnam, extractible gas resources of which total 35.9 billion cub.m. and gas condensate – 15.2 million tons, reported RBC.