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Search Results: 193 results for keyword "LNG".
MoIT: Vietnam still needs more thermal power plants
22-03-2021 15:43
Rebutting a proposal by cities and provinces, the Ministry of Industry and Trade (MoIT) maintains that Vietnam still needs to develop thermal power plants to ensure energy security and keep energy prices stable.
LNG powering the future of energy
08-03-2021 11:35
US-backed GE and partners have launched operations at Track 4A Power Plant in Malaysia, marking the very first commercial use of the former’s second-generation H-class gas turbines that are expected to widen the horizons of low-carbon energy production and accelerate the growth of liquefied natural gas in the global energy mix.
Full steam ahead for LNG capacities to omit other fossil fuels?
03-03-2021 14:00
With its rapid development, Vietnam’s hunger for reliable and sustainable energy sources grows daily. Thus, the country is making efforts to develop thermal gas power sources to diversify its portfolio, which could be a challenging task as there are currently insufficient supplies within its territory.
2020 LNG demand holds despite COVID-19, set for growth as global economies recover
26-02-2021 12:22
Global liquefied natural gas (LNG) trade increased to 360 million tonnes in 2020, according to Shell’s latest annual LNG Outlook published today, despite the unprecedented volatility caused by the COVID-19 pandemic which resulted in lockdowns around the world.
Foreign investment expansion up 41.4 per cent in January
29-01-2021 12:23
Total investment to expand capital at existing projects in January rose by 41.4 per cent on-year, while total investment increased by 51.7 per cent, excluding the $4 billion LNG project in Bac Lieu province registered in last January.
Legal issues cloud LNG power plans
15-01-2021 08:00
The concept of using liquefied natural gas (LNG) for electricity production is attracting investors in Vietnam. ACSV Legal managing partner Mark Oakley, of counsel, and head of Energy Practice Tim Dobson provide a look into the current LNG-to-power market of Vietnam and outline some critical legal issues for interested investors.
GE inks an agreement with EVN Genco3 to develop Vietnam LNG power plant
23-11-2020 15:03
General Electric signed an MoU with EVN Genco3 to develop an LNG power plant in the southern province of Ba Ria-Vung Tau, as reported by Bloomberg.
Tokyo Gas and Marubeni to build a nearly $2 billion LNG power plant in Vietnam
21-11-2020 12:39
Japanese utility Tokyo Gas and trading house Marubeni will build a liquefied natural gas (LNG) power plant in Vietnam.
Batch of deals propels LNG-to-power projects
06-11-2020 08:46
The signing of a series of agreements to develop billion-dollar liquefied natural gas-to-power projects is expected to create a “big bang” and improve the ranking of US investment in Vietnam.
Gas power generation to remain a prominent energy source in next decade
27-10-2020 17:10
Gas power generation is going to be a prominent source of energy in Asia in the next 10 years, following the decarbonisation trend taking place at the moment.
Private sector standing ready to invest into energy
18-10-2020 10:00
With strong breakthrough provisions on national energy development, Resolution No.55-NQ/TW dated February on the orientation of Vietnam’s National Energy Development Strategy to 2030, with a vision to 2045 will continues to open up enormous opportunities for the private sector to participate in energy development.
Haiphong to have billion-dollar LNG projects
03-10-2020 13:32
The two liquefied natural gas (LNG) power projects in Cat Hai and Tien Lang districts will be added to the National Power Development Planning 2021-2030 with vision to 2045 (PDP VIII).
Bac Lieu LNG power plant to sign PPA this month
28-08-2020 17:02
Bac Lieu People’s Committee and Delta Offshore Energy Pte., Ltd. will negotiate the power purchase agreement for Bac Lieu LNG-to-power project this month in order to hold the signing ceremony later this year.
Vietnam ramps up efforts to build more LNG facilities
24-08-2020 22:34
As more attention is paid to liquefied natural gas (LNG) as another fuel option needed for power generation under Vietnam's most recent Power Development Plan (PDP), which is currently being developed, the need for building LNG facilities is more imperative than ever.
Energy Capital Vietnam's LNG project added to Vietnam power planning
22-08-2020 16:42
Prime Minister Nguyen Xuan Phuc has recently assigned the Ministry of Industry and Trade (MoIT) to add a liquefied natural gas (LNG) power project developed by a consortium led by Energy Capital Vietnam to the National Power Development Plan of Vietnam.
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