Vietnam produced 74.69 thousand tons of liquefied petroleum gas (LPG) in January, down 15.75 percent from 88.66 thousand tons in December, according to the latest data from the National Statistics Office.
Year-to-date output reached 74.69 thousand tons by the end of January.
Listed gas companies
Key liquefied petroleum gas (LPG) firms listed on the Vietnam stock exchange include:
CNG Vietnam JSC
CNG Vietnam JSC (CNG) produces, transports, and distributes compressed natural gas to industrial clients across southern Vietnam.
CNG closed at VND 26,200 on Wednesday, down 0.2 percent with 297,000 shares traded, worth VND 775 million.
Foreign ownership in CNG is currently capped at 49.0 percent, with current foreign ownership sitting at 1.7 percent.
PetroVietnam Gas JSC
PetroVietnam Gas JSC (GAS) produces, transports, and distributes natural gas and LPG nationwide.
GAS closed at VND 110,000 on Wednesday, down 0.5 percent with 36,891,000 shares traded, worth VND 416,353 million.
Foreign ownership in GAS is currently capped at 49.0 percent, with current foreign ownership sitting at 2.3 percent.
International Gas Product Shipping Joint Stock Company
International Gas Product Shipping Joint Stock Company
GSP closed at VND 11,200 on Wednesday, down 0 percent with 593,000 shares traded, worth VND 662 million.
Foreign ownership in GSP is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.
Petrolimex Gas Corporation
Petrolimex Gas Corporation
PGC closed at VND 14,700 on Wednesday, down 0.1 percent with 2,193,000 shares traded, worth VND 3,245 million.
Foreign ownership in PGC is currently capped at 49.0 percent, with current foreign ownership sitting at 2.0 percent.
PetroVietnam Gas Distribution JSC
PetroVietnam Gas Distribution JSC (PGD) supplies compressed and liquefied gas to industrial and commercial clients.
PGD closed at VND 24,300 on Wednesday, up 0.25 percent with 45,000 shares traded, worth VND 109 million.
Foreign ownership in PGD is currently capped at 49.0 percent, with current foreign ownership sitting at 46.4 percent.
Petro MiGas JSC
Petro MiGas JSC (PMG) distributes LPG, CNG, and related gas products for industrial and household use.
PMG closed at VND 7,690 on Wednesday, down 0.13 percent with 54,000 shares traded, worth VND 42 million.
Foreign ownership in PMG is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.
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Vietnam gas industry news
South Korea-led LNG project approved
SK Innovation has announced it has been selected to develop the Quen Lap liquefied natural gas power project in Nghe An Province through a consortium with PV Power, a subsidiary of Petrovietnam.
The US$2.3 billion project will include a 1,500 megawatt gas-fired combined cycle plant, an LNG terminal and a dedicated port, with construction scheduled to begin in 2027 and finish by 2030.
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Vietnam’s gas industry
Vietnam’s liquefied petroleum gas industry supplies households, restaurants and small manufacturers, with demand concentrated in urban areas.
Consumption has grown alongside rising incomes and urbanisation, though it remains sensitive to global energy price fluctuations.
Domestic production comes mainly from associated gas at offshore oil and gas fields, supplemented by imports to meet demand.
Key infrastructure includes storage terminals, bottling plants and distribution networks operated by state-owned and private firms.