GAS PRICES: SEPTEMBER 2023
Gas (LPG) price in September 2023 reached: 555 USD/Ton, an increase of 90 USD/Ton compared to August 2023.
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GAS PRICE IN AUGUST 2023
The LPG gas price in August 2023 reached 465 USD/ton, an increase of 77.5 USD/ton compared to July 2023.
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THE FIRST LNG STORAGE IN VIETNAM
On October 28, 2019, the construction project for the Thị Vải LNG terminal officially commenced at the Cái Mép Industrial Zone, Bà Rịa - Vũng Tàu province, with PV Gas as the investor. This is a major and key project of Vietnam's Oil and Gas industry, implemented by a joint venture of Samsung C&T and PetroVietnam Technical Services Corporation (PTSC). This is also the first and largest, most modern LNG terminal in Vietnam at present.
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GAS PRICE 07/2023
Gas price in July 2023 reached: 387.5 USD/ton, the price continued to decrease compared to June 2023.
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DISTINGUISHING LPG, CNG, AND LNG
It is essential to differentiate between LPG, CNG, and LNG to understand the characteristics and applications of each gas. Learn more about the differences and applications of these gases here.
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THE IMPACT OF RUSSIA'S OIL AND GAS EXPORTS ON GLOBAL FUEL PRICES
In recent days, the continuous rise in gasoline and gas prices has had a significant impact on the lives of people and businesses both domestically and internationally. As of March 14, 2022, gasoline prices have been adjusted 7 times and have reached a peak of 30,000 VND/liter. The sharp increase in oil, gasoline, and gas prices is a strong factor affecting businesses and the Vietnamese economy in particular and the global economy in general.
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CO2 EMISSION COEFFICIENT FOR FUELS
As the trend of developing green industries becomes increasingly popular in European countries, businesses in Asia are also striving to reduce greenhouse gas emissions in their production and operations. However, in the process of moving towards a "carbon-reduced" industry, businesses need to understand the CO2 emission coefficients to make informed decisions about fuel usage that align with their production circumstances.
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