en.Wedoany.com Reported - Petrovietnam CEO Le Manh Cuong and Nebula Chairman Peter Gibson met in Hanoi on June 22 to discuss cooperation opportunities in LNG infrastructure, energy storage, artificial intelligence, and digital transformation.

Petrovietnam stated that Nebula Energy's expertise in LNG optimization, smart grids, energy storage, and digital platforms aligns closely with its strategy to modernize infrastructure, enhance operational efficiency, and accelerate green and digital transformation.

Petrovietnam noted that the cooperation could play a key role in enhancing Vietnam's LNG value chain and strategic reserves, improving the efficiency and resilience of energy infrastructure, accelerating AI and digital applications in industrial operations, and strengthening national energy security.

In February this year, Petrovietnam's subsidiary PV Gas held a meeting with its partner Nebula and the government of Ha Tinh province. PV Gas reported on the progress of the mid-northern LNG receiving terminal project located in the Vung Ang Economic Zone. The company noted that Ha Tinh province approved the LNG facility in September last year.

In April this year, Nebula Energy's AG&P LNG reached an agreement to acquire a 100% stake in Vietnam's Cai Mep LNG import terminal. Previously, AG&P LNG had initially acquired a 49% stake in the terminal from Vietnam's Hai Linh in 2024. Upon completion of the transaction and regulatory approvals, Cai Mep LNG Terminal Company will become a wholly owned subsidiary of AG&P LNG, with Hai Linh fully exiting its stake.

The Cai Mep facility is Vietnam's second LNG import terminal, complementing the Thi Vai LNG terminal operated by PV Gas in Ba Ria-Vung Tau province. It has a capacity of 3 million tons per year, with the potential to double.

Last year, AG&P LNG and Hai Linh received the first commissioning cargo at the Cai Mep LNG import terminal.

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