Cai Mep LNG Terminal
Cai Mep LNG TerminalNebula Energy

Vietnam's second LNG terminal receives commissioning cargo from Russia

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Vietnam's Cai Mep liquefied natural gas terminal has received its commissioning cargo from Russia, marking the country's first time receiving supply of the fuel from the LNG producer, according to an industry source and shiptracking data.

According to data from LSEG and Kpler, the cargo was loaded from Russia's Sakhalin 2 project on April 10, onto the LNG tanker Blue Dragon 1.

Blue Dragon 1 arrived at the Cai Mep import terminal on May 25.

One industry source told Reuters that the terminal had received the cargo for the purpose of testing.

On track to be Vietnam's second operational LNG terminal, Cai Mep LNG is located in the southern Ba Ria Vung Tau province, and has the capacity to import three million tonnes of LNG a year.

It is operated by Cai Mep LNG, a joint venture between Singapore-based Atlantic, Gulf and Pacific LNG (AGP LNG) and Vietnamese petroleum trader Hai Linh Company.

Repeated calls to Hai Linh for a comment went unanswered. AGP LNG did not immediately respond to a request for comment.

AGP LNG said in August last year it was aiming to secure its commissioning cargo for the terminal to be delivered between October and November.

Vietnam's first terminal to begin operations, Thi Vai LNG, received its commissioning cargo from Indonesia. It has since also received LNG supplies from Qatar, Malaysia and Brunei.

(Reporting by Emily Chow in Singapore and Khanh Vu in Hanoi; Editing by Mrigank Dhaniwala)

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