In the world market
Recorded on Oilprice.com at 08:22 on April 29, 2025 (Vietnam time), world natural gas prices continued to increase sharply by 7.93% (equivalent to an increase of 0.233 USD) to 3,170 USD/mmBTU at the time of survey.
Natural gas prices in the United States have risen about 5% in recent days, reaching a 26-month high. The main reason is that the export volume of liquefied natural gas (LNG) reached a record level, along with forecasts of high consumption in the coming time.
Natural gas for April delivery on the New York Mercantile Exchange (NYMEX) rose 28.8 cents, or 7.5%, to $4.122 per million British thermal units (mmBtu). The increase came despite near-record gas production and mild weather forecasts for March, as previous cold spells prompted energy companies to draw large amounts of gas from storage, reducing inventories to about 12% below the five-year average. Reuters
In addition, Germany's failure to negotiate with Russia on gas supplies via the Nord Stream 2 pipeline also contributes to maintaining high demand for US LNG in Europe, further cementing the US' role as an important LNG supplier to the global market.
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In the domestic market
According to the records of PV Thuong Truong, the domestic gas price in April did not change compared to the selling price in March because the average world gas price contract in April did not change compared to the previous month.
Specifically, the retail price of Petrolimex gas cylinders (including VAT) in April 2025 in the Hanoi market is 457,400 VND/12 kg household cylinder; 1,829,600 VND/48 kg industrial cylinder, unchanged compared to the selling price in March.
Similarly, according to the announcement from Southern Gas Trading Joint Stock Company (Gas South), domestic retail gas prices in April for the Company's brands including: Gas Dau Khi, VT-Gas, A Gas, JP Gas, Dak Gas and Dang Phuoc Gas remained unchanged compared to March 2025.
Specifically, the retail gas price to consumers is 475,400 VND/12kg cylinder and 1,784,111 VND/45kg cylinder (including VAT), applicable to the Eastern and Western regions of the South.
According to a representative of Petrolimex Gas Corporation, the gas price in April remained unchanged compared to March because the average world gas price contract in April was at 610 USD/ton, unchanged compared to March, so the Gas Corporation did not make any price adjustments.
Since the beginning of the year, gas prices have decreased twice and remained unchanged twice.
Source: https://baodaknong.vn/gas-price-hom-nay-29-4-tang-manh-gan-8-250962.html
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