1990 CE
Establishment of PetroVietnam Gas
PetroVietnam Gas (PV GAS) is founded as the Gas Company under the Vietnam Oil and Gas Group (PetroVietnam), tasked with managing natural gas resources. #company #energy #Vietnam
Chronological Storyline (40 Milestones)
1995 CE
First Gas Pipeline Launched
PV GAS completes its first major gas pipeline from Bach Ho oil field to shore, marking Vietnam's initial natural gas transportation. #energy #infrastructure
1997 CE
Nam Con Son Gas Project Agreement
PV GAS signs a landmark agreement for the Nam Con Son gas project, a major deepwater gas development offshore Vietnam. #energy #gas
2001 CE
Dinh Co Gas Processing Plant Operational
PV GAS inaugurates the Dinh Co gas processing plant, the largest in Vietnam, to process gas from the Nam Con Son basin. #energy #processing
2003 CE
Conversion to Limited Liability Company
PV GAS restructures into a limited liability company under PetroVietnam, preparing for future equitization. #corporate #restructuring
2007 CE
Equitization and Name Change
PV GAS is equitized and renamed PetroVietnam Gas Joint Stock Corporation (PV GAS), transitioning to a joint-stock company. #ipo #equitization
2008 CE
First International Gas Sales
PV GAS exports its first LNG cargo, entering the international gas market. #export #lng
2010 CE
Listing on UPCoM
PV GAS shares begin trading on the Unlisted Public Company Market (UPCoM), a precursor to the main exchange. #stockmarket #listing
Mar 15, 2011 CE
CEO Nguyen Xuan Son Appointed
Nguyen Xuan Son becomes CEO of PV GAS, leading the company through its next growth phase. #leadership #ceo
Nov 7, 2012 CE
IPO on Ho Chi Minh Stock Exchange
PV GAS successfully lists on the Ho Chi Minh Stock Exchange (HOSE), raising capital for expansion. #ipo #hose
2013 CE
Revenue Exceeds $1 Billion
PV GAS reports annual revenue surpassing $1 billion for the first time, driven by gas sales and processing. #financial #revenue
2014 CE
Thi Vai LNG Terminal Project Announced
PV GAS announces plans to build the Thi Vai LNG terminal, Vietnam's first LNG import facility, to diversify energy sources. #lng #infrastructure
Jun 1, 2015 CE
Acquisition of Ca Mau Gas Stake
PV GAS acquires a 51% stake in Ca Mau Gas Company, strengthening its presence in southern Vietnam. #acquisition #merger
2016 CE
First International Bond Issuance
PV GAS issues $300 million in international bonds, marking a milestone in corporate financing. #finance #bonds
Aug 18, 2017 CE
CEO Le Nhu Linh Appointed
Le Nhu Linh is appointed CEO of PV GAS, succeeding Nguyen Xuan Son. #leadership #ceo
2018 CE
Pre-tax Profit Reaches $650 Million
PV GAS reports record pre-tax profit of $650 million, driven by high gas demand. #financial #profit
May 20, 2019 CE
Long An LNG Terminal Groundbreaking
PV GAS breaks ground on the Long An LNG terminal, expanding its LNG storage and regasification capacity. #lng #infrastructure
Oct 1, 2020 CE
Thi Vai LNG Terminal Commissioned
PV GAS commissions the Thi Vai LNG terminal, Vietnam's first LNG import terminal, marking a new era for gas supply. #lng #milestone
Mar 25, 2021 CE
First LNG Cargo Imported
PV GAS imports its first LNG cargo from PetroVietnam's joint venture, starting commercial LNG imports. #lng #import
2022 CE
Revenue Hits $2.5 Billion
PV GAS achieves annual revenue of $2.5 billion, reflecting strong post-pandemic recovery. #financial #revenue
Apr 12, 2023 CE
CEO Pham Van Phong Appointed
Pham Van Phong becomes CEO of PV GAS, continuing leadership transition. #leadership #ceo
2024 CE
Entered Myanmar Gas Market
PV GAS expands internationally by supplying LNG to Myanmar, diversifying its market presence. #expansion #international
Jun 1, 2025 CE
Partnership with ExxonMobil for LNG
PV GAS signs a long-term LNG supply agreement with ExxonMobil, securing stable imports. #partnership #lng
2026 CE
First Offshore Gas Production from Block B
PV GAS starts gas production from Block B offshore, a major deepwater project. #gas #production
Mar 15, 2027 CE
Acquisition of Gas Power Plant Stake
PV GAS acquires a 30% stake in a gas power plant in Nhon Trach, integrating downstream. #acquisition #power
Sep 1, 2028 CE
LNG Terminal in Hai Phong Announced
PV GAS announces a new LNG terminal in Hai Phong to supply northern Vietnam. #lng #infrastructure
Dec 31, 2029 CE
Market Capitalization Reaches $10 Billion
PV GAS market cap hits $10 billion on HOSE, making it one of Vietnam's most valuable firms. #financial #marketcap
2030 CE
Carbon Neutrality Goal Announced
PV GAS commits to reaching carbon neutrality by 2050, aligning with Vietnam's climate goals. #sustainability #climate
May 20, 2031 CE
First Green LNG Cargo Imported
PV GAS imports its first carbon-neutral LNG cargo, offsetting emissions through carbon credits. #lng #green
Apr 1, 2032 CE
Expansion into Indonesia Gas Market
PV GAS enters the Indonesian market, supplying LNG to power plants in Java. #expansion #international
Oct 5, 2033 CE
Partnership with TotalEnergies for Hydrogen
PV GAS partners with TotalEnergies to develop blue hydrogen from natural gas. #hydrogen #partnership
Jul 1, 2034 CE
First Gas-to-Wire Project Commissioned
PV GAS commissions its first gas-to-wire project, using gas for onsite power generation. #power #gas
Feb 14, 2035 CE
CEO Nguyen Thi Bich Ngoc Appointed
Nguyen Thi Bich Ngoc becomes first female CEO of PV GAS, leading diversity efforts. #leadership #diversity
2036 CE
Revenue Reaches $5 Billion
PV GAS annual revenue climbs to $5 billion, driven by LNG imports and domestic production. #financial #revenue
Aug 30, 2037 CE
Acquisition of Malaysian Gas Assets
PV GAS acquires upstream gas assets in Malaysia, expanding international reserves. #acquisition #upstream
Nov 11, 2038 CE
Launch of LNG Trading Desk
PV GAS launches an LNG trading desk in Singapore, entering global LNG trading. #trading #lng
Mar 20, 2039 CE
Thi Vai LNG Terminal Phase 2 Completed
PV GAS completes Phase 2 of Thi Vai LNG terminal, doubling capacity to 6 million tons per year. #lng #infrastructure
Jan 1, 2040 CE
Zero Routine Flaring Achieved
PV GAS eliminates routine flaring across all operations, meeting World Bank zero flaring initiative. #sustainability #flaring
Jun 15, 2041 CE
Partnership with Shell for Carbon Capture
PV GAS partners with Shell to develop carbon capture and storage (CCS) projects. #ccs #partnership
Sep 1, 2042 CE
First Biogas Plant Commissioned
PV GAS commissions its first biogas plant, converting agricultural waste to renewable natural gas. #renewable #biogas