vietnam will import lng

Vietnam will import LNG

Vietnam's gas supply is forecast to fall short of demand between 2017 and 2035, due to the decline of the country's gas reserves and the delayed development of new power plants under the Power Development Plan VII, therefore, which makes it necessary to develop new gas sources, build infrastructure to develop marginal gas fields or even import liquefied natural gas (LNG).
foreign investors dive into lng projects in vietnam

Foreign investors dive into LNG projects in Vietnam

The race in developing liquefied natural gas (LNG) plants has been heating up as new heavyweight players enter the segment.
novatek to develop lng project in vietnam

Novatek to develop LNG project in Vietnam

On May 22, Novatek signed a memorandum of understanding with the Ninh Thuan People’s Committee to develop an integrated energy-generating project using LNG in Vietnam. The signing ceremony occurred in the framework of the visit of Prime Minister Nguyen Xuan Phuc to Russia.
us helps launch gas to power project in vn

U.S. helps launch gas-to-power project in VN

A grant agreement for a technical assistance for a liquefied natural gas (LNG) terminal and gas-to-power project for Southern Viet Nam was signed by the Viet Nam Electricity (EVN) and the U.S. Trade and Development Agency (USTDA) on May 22 in Ha Noi.
gulf eager to develop 8 billion lng complex in ninh thuan

Gulf eager to develop $8 billion LNG complex in Ninh Thuan

Gulf Energy Development proposed to invest $7.8 billion in the Ca Na LNG project in Ninh Thuan province for the second time, showing its determination to develop the project.
need for cleaner air driving strong lng demand growth

Need for cleaner air driving strong LNG demand growth

Strong demand for cleaner-burning fuel in Asia continued to drive the rapid growth in liquefied natural gas (LNG) use in 2018, with global demand rising by 27 million tonnes to 319 million tonnes, according to Shell’s latest annual LNG Outlook. Shell expects demand to reach about 384 million tonnes in 2020.
pvgas and pv power co operate for nhon trach 3 and 4 power plants

PVGas and PV Power co-operate for Nhon Trach 3 and 4 power plants

The co-operation between PVGas and PV Power in supplying liquefied natural gas (LNG) for Nhon Trach 3 and 4 thermal power plants will mark a new milestone in the petrol and gas sector of Vietnam and contribute to ensuring the country’s energy security.
total proposes billion dollar project in vietnam

Total proposes billion-dollar project in Vietnam

French oil giant Total is planning to invest in a billion-dollar electrification project in Ninh Thuan.
shell wants to become lng supplier for petrovietnam

Shell wants to become LNG supplier for PetroVietnam

Royal Dutch Shell PLC expressed its interest in becoming the liquefied natural gas (LNG) supplier for PetroVietnam’s projects, while simultaneously penetrating deeper into the Vietnamese petroleum distribution system via acquiring a stake in PetroVietnam Oil Corporation (PV Oil).
natural gas for electricity generation source clean yet costly

Natural gas for electricity generation source: clean yet costly

Considered a clean alternative to coal-fired power, gas power plants in Vietnam are challenged by the price of electricity.
pv power sets stage for lng plants

PV Power sets stage for LNG plants

Liquefied natural gas, a solution to Vietnam’s energy shortage, presents new opportunities for power producers and investors alike.
lng market fired up despite obstacles

LNG market fired up despite obstacles

Despite the lack of infrastructure and local gas resources, competition is heating up in the gas-to-power sector, with a number of billion-dollar liquefied natural gas-fired power plants currently in the planning and investment stages and foreign investors, such as Dallas-based Energy Capital Vietnam, expressing commitment to the Vietnamese energy security strategy.
pm hosts investors interested in bac lieu power project

PM hosts investors interested in Bac Lieu power project

Prime Minister Nguyen Xuan Phuc hosted a reception in Ha Noi on Wednesday for investors who are planning to pour capital into a liquefied natural gas (LNG)-fueled power project in the Mekong Delta province of Bac Lieu.
aes signs on with pv gas for son my lng project

AES signs on with PV Gas for Son My LNG project

PetroVietnam Gas JSC inked a memorandum of understanding with AES Corporation on November 12, during US President Donald Trump’s state visit to Vietnam.
shell launches lng outlook

Shell launches LNG outlook

Global demand for liquefied natural gas (LNG) reached 265 million tonnes (MT) in 2016 – enough to supply power to around 500 million homes a year. This included an increase in net LNG imports of 17 MT.