global lng market sees demand build for cleaner burning energy

Global LNG market sees demand build for cleaner-burning energy

Global demand for liquefied natural gas (LNG) grew by 12.5 per cent to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook, a significant increase that bolsters LNG’s growing role in the transition to a lower-carbon energy system.
foreign banks to arrange funds for lng fired power plants

Foreign banks to arrange funds for LNG-fired power plants

PetroVietnam Power Corporation (PV Power) has said that a consortium of Citibank and Ingbank will arrange funds for the construction of its gas-fired power plants Nhon Trach 3 and 4 in the southern province of Dong Nai.
deputy pm hosts investors interested in lng power development in vietnam

Deputy PM hosts investors interested in LNG power development in Vietnam

Deputy Prime Minister Trinh Dinh Dung on February 11 received a group of investors from the US and the Republic of Korea who are interested in liquefied natural gas (LNG) power development in Vietnam.
pv power mobilises capital for nhon trach 3 and 4 thermal power plants

PV Power mobilises capital for Nhon Trach 3 and 4 thermal power plants

PV Power completed the feasibility study for the implementation of large-scale projects, including Nhon Trach 3 and 4 thermal power plants, and has mobilised capital to develop projects located in Ong Keo Industrial Zone in the southern province of Dong Nai.
bac lieu lng to power project triples january fdi inflow

Bac Lieu LNG-to-power project triples January FDI inflow

The Bac Lieu LNG-to-power project marks the first billion-dollar foreign direct investment project in 2020 after a year going without projects of this magnitude, effectively tripling the first-month foreign investment inflows against last year.
tt group proposes lng project in quang tri

T&T Group proposes LNG project in Quang Tri

T&T Group proposed investment for Hai Lang liquefied natural gas (LNG) electricity centre with total capital of US$4.4 billion in a meeting with the Quang Tri People’s Committee last week.
proposed lng projects hasten clean and ample energy supply

Proposed LNG projects hasten clean and ample energy supply

The shift from coal to gas in energy planning is important for Vietnam’s future. John Rockhold, chairman of the Vietnam Business Forum’s Power and Energy Working Group, writes on the trends and hurdles to get around in order to take full advantages of the country’s resources.
gs energy to build 3gw lng power plant in vietnam

GS Energy to build 3GW LNG power plant in Vietnam

GS Energy Corporation, an energy business unit under South Korean conglomerate GS Group, will build a 3GW liquefied natural gas (LNG) power plant in Vietnam, a move that is expected to expedite the Korean energy giant’s push to go global and diversify its business realm.
vietnam towards cleaner energy with lng power blend policy outlook

Vietnam towards cleaner energy with LNG power blend-policy outlook

Vietnam foresees having a decent energy mix with clean power sources like renewables and the market seems upstream to consider liquefied natural gas (LNG) to enter into Vietnam's sustainable energy mix as an effective alternative for coal. Vaibhav Saxena and Tran Thi Ha Phuong, lawyers at Vietnam International Law Firm, analyse certain significant highlights of the LNG power legal framework in Vietnam, in particular planning; forms of investment; investment incentives; power purchase agreement; and LNG importation.
gulf group signs research agreement for lng ca na gas power project

Gulf Group signs research agreement for LNG Ca Na gas power project

Gulf Energy Development Group from Thailand has just signed a co-operation agreement with Ninh Thuan People's Committee on researching and proposing investment for LNG Ca Na gas power project.
lng breaks taboos to stay competitive

LNG breaks taboos to stay competitive

A major repositioning is underway as the commercial arc of liquefied natural gas unquestionably bends towards change, at a crucial time in the world’s evolution from traditional to advanced energy uses. Ira Joseph, head of Global Gas and Power Analytics at S&P Global Platts, delves into the trend as many sellers in liquefied natural gas move further downstream in order to secure greater access.
gulf redoubles efforts to develop power plants in vietnam

Gulf redoubles efforts to develop power plants in Vietnam

Thai firm Gulf Energy Development Plc. plans to develop power plants in Vietnam and Laos to strengthen its presence in Indochina.
foreign interest in vietnams lng sector remains high

Foreign interest in Vietnam’s LNG sector remains high

Foreign investors are diving into developing liquefied natural gas (LNG) and gas-fired power projects in Vietnam, in part due to country’s growing demand for electricity.
petrolimex and jxtg nippon oil energy co operate on lng project

Petrolimex and JXTG Nippon Oil & Energy co-operate on LNG project

Vietnam National Petroleum Group (Petrolimex) has entered into a co-operation with Japan's JXTG Nippon Oil & Energy in a bid to build facilities and collaborate on procurement. The two giants expect to pour investment in producing liquefied natural gas (LNG), an area where JXTG has substantial experience.
samsung ct and petrovietnam to implement thi vai lng storage

Samsung C&T and PetroVietnam to implement Thi Vai LNG storage

Thi Vai LNG storage will be implemented by Samsung C&T and PetroVietnam Technical Services Corporation (PTSC) of Vietnam Oil and Gas Group (PetroVietnam), and, along with Nhon Trach 3 and 4 power plants, will contribute to ensuring the gas and electricity supply for the southeastern key economic region.