Realising LNG goals require resolutions

Realising LNG goals require resolutions

Current obstacles in liquefied natural gas import costs and electricity selling prices mean it will be difficult for Vietnam to achieve its set targets for gas power capacity.
High prices anticipate challenges for import of LNG

High prices anticipate challenges for import of LNG

Although Vietnam is contemplating the development of liquefied natural gas as one of the means to transition to low-emission energy sources, current plans note that rising prices and higher transportation costs could make it harder to meet the nation’s 2030 goals.
PetroVietnam sets ambitious targets

PetroVietnam sets ambitious targets

Riding on positive growth, state-run Vietnam Oil and Gas Group (PetroVietnam) has set high-pressure goals for the last three months of 2023 to ensure sustainable development in the long term.
Hopes rise for further LNG conversion

Hopes rise for further LNG conversion

The successful conversion of coal-fired projects to liquefied natural gas ventures is required to ensure energy security and help Vietnam move towards its net-zero ambitions.
LNG conversion strategy ramps up to ensure power sources for Vietnam

LNG conversion strategy ramps up to ensure power sources for Vietnam

The plan to develop 22GW of liquefied natural gas-to-power projects, along with the government’s commitment to reduce emissions..
Weight still placed on imported LNG

Weight still placed on imported LNG

Vietnam’s growing dependence on imported liquefied natural gas could cause a hike in power production costs.
Flaws in infrastructure hinder plans for LNG

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.
JERA considers potential investments in Vietnam's bid for net-zero

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.
Key milestones being hit for LNG prospects

Key milestones being hit for LNG prospects

To utilise the promising land of liquefied natural gas, developers are awaiting supportive policies for infrastructure to help save project costs and contribute to green energy goals.
Structure lacking for LNG activities

Structure lacking for LNG activities

The future stable operation of power facilities in Vietnam is being hampered by a lack of infrastructure to import and store sufficient liquefied natural gas.
Thi Vai Terminal receives first LNG shipment

Thi Vai Terminal receives first LNG shipment

The future stable operation of power facilities in Vietnam is being hampered by a lack of infrastructure to import and store sufficient liquefied natural gas.
Developers expect smoother LNG policy planning

Developers expect smoother LNG policy planning

The government has asked the Ministry of Industry and Trade to clarify the planning data and feasibility of liquefied natural gas power development towards 2030, which has set a target of almost 24,000MW, accounting for 16.4 per cent of the total power source in the nation’s draft master power plan.
GE secures first 9HA combined cycle power plant order in Vietnam

GE secures first 9HA combined cycle power plant order in Vietnam

PV Power’s Nhon Trach 3 & 4 will be the first 9HA-gas-turbine-powered plant in Vietnam, as well as the first to be powered by liquefied natural gas (LNG).
Investors getting on board the LNG train

Investors getting on board the LNG train

Liquefied natural gas-to-power remains an important part of Vietnam’s energy transition story, and investors – both local and international – continue to demonstrate a strong interest in the sector.
Higher oil prices temporarily supports Malaysia's economy: economist

Higher oil prices temporarily supports Malaysia's economy: economist

The Russia-Ukraine tension appears to benefit Malaysia's position as a net oil exporter and the sharp rise in oil prices will provide temporary support for the country's fiscal position, according to World Bank senior country economist Shakira Teh Sharifuddin.
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