#PVGAS #LacDaVang #Petrovietnam #KhiVietNam #NangLuong #Lo15105 #MurphyOil #SKEarthon #TinNongNangLuong #CongNgheDauKhi #VietnamEnergy #LNG #DauKhiVietNam
If Golden Camel really pumps the first oil on schedule, will Vietnam enter the strongest oil and gas growth cycle in many years?
A resolution recently passed by PV GAS is drawing special attention from the investment and energy community when it officially approves the content of the connection and operation contract for the Golden Camel mine in Block 15-1/05.
What attracts attention is not only that the project was given the "green light" but also the timing. The Asian oil and gas market is fluctuating strongly, LNG prices are high and a series of countries are starting to reactivate offshore exploitation projects.
According to the resolution dated May 18, 2026
PV GAS will coordinate with Murphy Cuu Long Bac Oil Co. Ltd, SK EARTHON Co. Ltd and Petroleum Exploration and Production to complete the connection and operation system.
This is considered an extremely important link in Vietnam's strategy to maintain domestic mining output in the period 2026β2030.
Overview table of Camel Vang project
Category Information
Golden Camel Project
Mining lot 15-1/05
Participating units PV GAS, Murphy Oil, SK EARTHON, PVEP
Time of resolution: May 18, 2026
Objective: Connection and operation
Expectations: Welcoming the first oil flow at the end of Q2/2026
The financial impact is of great concern to analysts
Putting new oil and gas sources into operation can help reduce pressure on energy imports, especially in the context of imported LNG's price fluctuations in the international market.
Estimated potential mining value for many years can be up to
ββββββββββββββββ
TENS OF TRILLIONS OF VND
ββββββββββββββββ
It is worth noting that Vietnam is entering a period of extremely rapid electricity demand growth, especially in the South. Projects such as Golden Camel, Block B O Mon or Thi Vai LNG chain are becoming strategic "energy shields".
So s
