GS spearheading green development

GS spearheading green development

South Korea-based GS Energy created a joint venture with VinaCapital last month in order to attain an investment certificate to develop a $3-billion liquefied natural gas-to-power plant in the Mekong Delta province of Long An.
LNG powering the future of energy

LNG powering the future of energy

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.
Legal issues cloud LNG power plans

Legal issues cloud LNG power plans 1

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.
US ties expand on back of power plans

US ties expand on back of power plans

Vietnam is diversifying its sources of power in the direction of reducing coal-fired power and raising the share of renewable energy and liquefied natural gas-based power, creating a new race for investors as well as helping to balance bilateral trade and deepen economic interests between the United States and Vietnam.
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.
Foreign interest in Vietnam’s 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.
U.S. 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.
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.