Gulf Energy plans to invest in infrastructure and utility services in Thanh Hoa

Gulf wishes to invest in energy, infrastructure, and utility service sectors in Thanh Hoa

Speaking at a meeting on August 16 in Thanh Hoa, general director of Gulf Vietnam Panawit Sidejchayabhon said that the group was looking forward to learning about investment promotion projects and appreciated the potential of the province’s economic zone, especially in Nghi Son Port area, which is very convenient for large ships to transport materials for construction.

The general director of Gulf Vietnam expressed his desire to cooperate with the local Department of Industry and Trade, the Nghi Son Economic Zone Management Authority and industrial zones to conduct in-depth surveys to assess the feasibility of each proposed project. At the same time, the company expects to receive the support of the authorities during the implementation process.

Standing Vice Chairman of the People’s Committee Nguyen Van Thi said, “Renewable energy and LNG are the province’s priority to call investment capital in the upcoming time. The province is committed to supporting and accompanying the investors from starting steps.”

The visit to Thanh Hoa is a part of the Gulf’s survey programme to develop a LNG project in the north and central region.

In Vietnam, Gulf currently operates two solar power farms in the southern province of Tay Ninh, and two wind farms in the Central Highlands province of Gia Lai. In addition, it is the operator of one solar power farm and one wind farm in the Mekong Delta province of Ben Tre.

In 2019, Gulf also signed a cooperation agreement with Ninh Thuan People's Committee on researching and proposing investment for the LNG warehouse project and the Ca Na LNG gas complex project with a scale of 6,000MW, including four mixed-cycle gas turbine plants, each with a capacity of 1,500MW.

The project will have an investment value of $7.8 billion and is expected to be invested under the build-operate-transfer format. However, to date the project has not moved any further forward.

Thai Navy strives to prevent oil spill in Gulf of Thailand The Thai government has ordered the Royal Thai Navy to join efforts to rescue an oil tanker operated by a unit of Chevron Corp that was damaged earlier this week during a routine maintenance in the Gulf of Thailand.

Second notice prequalification of the ESIA consulting bidding package in line with international standards Quang Ninh Liquefied Natural Gas (LNG) Power JSC (QN LNG Power) would like to inform interested bidders of the specifics of an investment package.

JERA considers potential investments in Vietnam's bid for net-zero Deputy Prime Minister Tran Hong Ha is seeking collaboration between Japanese and Vietnamese energy groups for mutual growth and profit sharing through technology transfer.

3rd pre-qualification notice for the package “Advisor for ESIA according to International Standards” Quang Ninh LNG Power JSC (QN LNG Power) would like to provide interested bidders with some information on the package.

Flaws in infrastructure hinder plans for LNG The possibility that electricity generated from liquefied natural gas will replace coal-fired power is some way off, with infrastructure concerns regarding import operations coming to the fore.