Lackadaisical LNG progress hinders plans

Lackadaisical LNG progress hinders plans

A number of the country’s liquefied natural gas-to-power projects are moving forward at such a snail’s pace that it is threatening the implementation of the nation’s power development plan.
Ministry approves base price for LNG-fired power at 10.56 US cents/kWh

Ministry approves base price for LNG-fired power at 10.56 US cents/kWh

The Ministry of Industry and Trade (MoIT) has approved the base price for liquefied petroleum gas (LNG)-fired power produced by combined cycle gas turbine thermal power plants at 0-2,590.85 VND per kWh for this year.
Cai Mep LNG Terminal to start commercial operations in September 2024

Cai Mep LNG Terminal to start commercial operations in September 2024

AG&P LNG, a subsidiary of Nebula Energy, along with its partner, Hai Linh Co., Ltd., have started the commissioning of Cai Mep LNG Terminal.
PV GAS to supply nearly 70,000 tonnes of LNG

PV GAS to supply nearly 70,000 tonnes of LNG

PV GAS will supply nearly 70,000 tonnes of LNG to EVN for electricity production.
Implementation strategy for new power development plan approved

Implementation strategy for new power development plan approved

Deputy Prime Minister Tran Hong Ha has approved the implementation updates for PDP8.
Japan's Mitsui announces gas field development plans

Japan's Mitsui announces gas field development plans

Mitsui Oil Exploration Co., Ltd. has made a final decision and concluded related contracts regarding an upstream gas field and pipeline.
Thai Binh to host $2 billion LNG project

Thai Binh to host $2 billion LNG project

A $2 billion Japanese-Vietnamese LNG project for Thai Binh was announced on January 26 and will have a capacity of 1500MW.
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.
Thai Binh unveils $2 billion LNG power plant project in Japanese deal

Thai Binh unveils $2 billion LNG power plant project in Japanese deal

The deal is between power plant project is a collaboration between Tokyo Gas Co., Kyuden Corporation, and Truong Thanh Group.
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.
Vietnam’s biggest LNG terminal becomes operational

Vietnam’s biggest LNG terminal becomes operational

The 1 million-tonne Thi Vai liquefied natural gas (LNG) terminal project, the biggest of its kind in Vietnam, was officially put into operation in the southern province of Ba Ria - Vung Tau on October 29.
The key factors to take into account for switch to LNG

The key factors to take into account for switch to LNG

Liquefied natural gas is regarded as a bridge from coal and will see more support in coming years. Lam Nguyen Hoang Thao, senior associate at law firm Russin & Vecchi, talked to VIR’s Nguyen Thu about the coal-to-gas trend, and its benefits and challenges in Vietnam.
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.
Liquefied natural gas among strongest solutions in transitioning from coal

Liquefied natural gas among strongest solutions in transitioning from coal

With up to a 50 per cent lower carbon footprint than coal, liquefied natural gas (LNG) can be adjusted to increase greener electricity when available.
Phu My 3 to rely on costlier LNG

Phu My 3 to rely on costlier LNG

The Phu My 3 power plant may have to rely on costlier imported liquefied natural gas after it transitions to Vietnamese control.
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