HCMC – PetroVietnam Gas Joint Stock Corporation (PV GAS, HOSE: GAS) has received nearly 120,000 tons of imported LNG and LPG from Canada and the United States, bolstering fuel supplies for power generation and domestic consumption.
The shipments comprised around 73,000 tons of liquefied natural gas (LNG) from Canada and approximately 45,000 tons of liquefied petroleum gas (LPG) from the United States, according to the Petrovietnam subsidiary.
The LNG cargo arrived at the Thi Vai LNG terminal on June 7 aboard the vessel Methane Mickie Harper. PV GAS described it as one of the largest LNG shipments it has handled this year, helping supply fuel to gas-fired power plants.
Another LNG shipment of about 15,000 tons from Australia is scheduled to arrive on June 17-18. PV GAS is also selecting a supplier for an LNG cargo due in early July to meet demand from PV Power and support the domestic gas-fired electricity system.
Separately, the vessel Clipper Wilma delivered roughly 45,000 tons of LPG imported from the United States.
PV GAS said that the LPG imports would strengthen storage capacity and help maintain stable supplies for residential, commercial, and industrial users during a period of higher demand.
The company has arranged about 140,000 tons of LPG imports, including refrigerated and pressurized products, for June and July. Together with domestic production, those volumes are expected to meet demand from local customers and Petrovietnam Gas-branded distribution channels nationwide.
The imports form part of PV GAS’s strategy to secure energy supplies and optimize the use of infrastructure investments, including the Thi Vai LNG terminal and large-scale refrigerated LPG storage facilities.
In the first six months of the year, PV GAS imported around 354,000 tons of LNG. Combined with planned LPG imports and domestic gas and LPG output, the company said that supplies would be sufficient to support power production, industrial activities, and household demand.
Closing the trading session today, June 12, GAS advanced 3.15% to VND85,100, with over two million shares changing hands.
The VN-Index fell 2.57% this week, shedding 47.25 points to extend its losing streak to four consecutive weeks.
Vietnam’s benchmark index closed down 6.96 points on Friday, or 0.39%, at 1,791.65 points, bringing its cumulative decline over the past four weeks to 130 points. On the Hochiminh Stock Exchange, losers outnumbered winners by 177 to 118.
Trading activity increased sharply. Total trading volume reached nearly 640.2 million shares, with revenue of VND16.34 trillion. Compared with the previous session, trading volume surged more than 55% and value increased 61%. Block deals accounted for over 62.5 million shares worth VND1.72 trillion.
Large-cap stocks ended mixed. GAS and TPB were among the strongest gainers, rising more than 3% to VND81,500 and VND16,350, respectively. VPL fell 3.2% to VND87,000, while VHM dropped 4% to VND138,700.
ACB closed unchanged at VND26,500 and was the market’s most actively traded stock, with more than 61.1 million shares changing hands. SHB followed with 58.4 million shares, while TPB recorded trading volume of 44.5 million shares.
Among mid- and small-cap stocks, APG and AGG hit their daily upper limits. APG closed at VND5,170 with 380,000 shares traded, while AGG ended at VND12,600 with volume of 1.35 million shares.
Several other stocks came under pressure. BVH, DLG, GEE, GEX, TSC, and TAL lost between nearly 3% and 4%.
On the Hanoi Stock Exchange, the HNX-Index pared earlier gains but still ended higher. The index rose 2.4 points, or 0.8%, to 302.49 points. The northern bourse recorded 45 advancers and 82 decliners. Trading volume exceeded 50.5 million shares, with total value reaching VND776.3 billion.
