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Natural gas production in Vietnam up 24.58% percent in February

Vietnam produced 497.45 million m 3 of natural gas in February, up 24.58% percent from 399.32 million m 3 in January, according to the latest data from the National Statistics Office.

Year-to-date output reached 896.77 million m 3 by the end of February.

Bar chart Vietnam natural gas production in 2026

Listed gas companies

CNG Vietnam JSC (CNG)

CNG Vietnam JSC (CNG) produces, transports, and distributes compressed natural gas to industrial clients across southern Vietnam. (CNG)

In February, CNG shares moved from 27.00 to 25.95, a change of -1.05 (-0.04 percent). Foreign ownership moved from 165,618.75 to 166,017.56, a change of 398.81 (0.00 percent).

PetroVietnam Gas JSC (GAS)

PetroVietnam Gas JSC (GAS) produces, transports, and distributes natural gas and LPG nationwide. (GAS)

In February, GAS shares moved from 117.00 to 107.90, a change of -9.10 (-0.08 percent). Foreign ownership moved from 11,235,291.33 to 11,264,599.38, a change of 29,308.05 (0.00 percent).

International Gas Product Shipping Joint Stock Company (GSP)

International Gas Product Shipping Joint Stock Company (GSP) is a Vietnam-based shipping firm specialising in the transportation of liquefied petroleum gas and other petroleum products.

In February, GSP shares moved from 11.05 to 11.75, a change of 0.70 (0.06 percent). Foreign ownership was unchanged.

Petrolimex Gas Corporation (PGC)

Petrolimex Gas Corporation is a Vietnamese energy company specialising in the distribution and trading of liquefied petroleum gas for households, commercial users and industry.

In February, PGC shares moved from 14.60 to 16.75, a change of 2.15 (0.15 percent). Foreign ownership moved from 283,852.24 to 283,820.24, a change of -32.00 (0.00 percent).

PetroVietnam Gas Distribution JSC (PGD)

PetroVietnam Gas Distribution JSC (PGD) supplies compressed and liquefied gas to industrial and commercial clients. (PGD)

In February, PGD shares moved from 24.20 to 24.35, a change of 0.15 (0.01 percent). Foreign ownership moved from 25,369.79 to 25,613.79, a change of 244.00 (0.01 percent).

gas firms listed on the Vietnam stock exchange include:

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Vietnam’s natural gas industry

Vietnam’s gas industry plays an important role in the country’s energy system, supplying fuel for power generation, fertiliser production and industrial use.

Domestic gas production is concentrated offshore in fields such as Nam Con Son, Cuu Long and Malay–Tho Chu basins, with gas transported to shore through an expanding pipeline network.

State-owned PetroVietnam and its subsidiaries dominate exploration, production and distribution, often working with international partners in offshore projects.

Vietnam is also developing liquefied natural gas import terminals and gas-fired power plants as part of its strategy to meet rising electricity demand and diversify energy supply.

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Vietnam natural gas industry news

Biofuel switch push
The
Vietnam Ministry of Industry and Trade is promoting expanded use of biofuels, including E5 and E10 gasoline, to diversify energy supply and strengthen national energy security.

The policy push was discussed at a March 11 conference on implementing biofuel blending with traditional fuels under new regulations issued in 2025. Read more→

Pho prices rising

Many pho and noodle shops in Hanoi have raised prices by about VND 5,000 (US$0.19) per bowl as food, energy and labour costs increase.

Restaurant owners have said higher prices for beef, bones, spices, electricity, gas, rent, and wages have forced small adjustments to maintain profitability. Read more→

LNG shipment received

Vietnam Gas Corporation received its first liquefied natural gas cargo of 2026 at the Thi Vai terminal, with 63,000 tons delivered.

The cargo originated from the Middle East and passed through the Strait of Hormuz before the United States-Israel conflict with Iran began.

The company has contracted two liquefied natural gas cargoes for the first half of 2026 and is seeking a supplier for a third. Read more→ 


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The data

TABLE: Vietnam natural gas production data February 2026

UnitFebruaryJanuaryMoMYTDFeb 26 / 25YTD 26 / 25
natural gasMillion m 3497.45399.32-23.02%896.77-9.09-0.08
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