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Thi Vai LNG Phase I

Operational

Project Details

CountryVietnam
LocationBa Ria - Vung Tau
Terminal TypeRegasification (Import)
Rig TypeOnshore
Capacity1 mtpa / 1.4 bcm
Trains-
Start Date01-Jan-2023
Cost (US$bn)0.28
OriginIndonesia
Destination-
OwnersPetroVietnam {Vietnam}
Buyers-

Status Notes

January 2026 - The project is owned by PetroVietnam; July 2023 - The terminal has received its first LNG cargo from Indonesia that will be used for trial run later followed by commercial operation of the project; January 2023 - PetroVietnam is expecting to complete test runs and put the terminal in commercial operation in 2023; October 2022 - PetroVietnam has completed 97% of the project; February 2022 - Samsung C&T explained that the successful construction of the terminal served as the basis for the order

Last reviewed: 12 Feb 2026