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LNG
LNG power cluster to go on stream in new year
A liquefied natural gas power cluster, Vietnam’s first, built at a cost of US$1.4 billion, will begin commercial operation on Jan. 1.
Construction starts on $2.7B LNG power plant to boost Vietnam’s energy supply
LNG, offshore wind energy projects may miss 2030 deadline: official
$1.3B LNG terminal project approved in central Vietnam
Binh Thuan Province has granted approval to U.S. energy firm AES and Petrovietnam Gas to build the US$1.34-billion Son My LNG Terminal.
July 13, 2023 | 08:40 pm PT
$4B LNG-fired plant delayed by electricity price haggle
Construction of the US$4-billion Bac Lieu liquefied natural gas-fired power plant in the south has not begun even three years after its approval due to a disagreement in electricity selling price.
April 10, 2023 | 07:59 pm PT
LNG power developers in troubled waters
Liquefied natural gas (LNG) power has been considered a major part of Vietnam’s solutions for reducing carbon emission, but the country is facing several hurdles in using it.
July 24, 2022 | 01:00 am PT
High gas prices, energy security fears impede decarbonization push
Energy security has become a top priority for importers as forecasts of gas supplies and volatile prices in the next few years keep buyers on edge and push toward decarbonization.
May 27, 2022 | 12:13 am PT
Samsung C&T, Lilama win $940 mln contract for Vietnam's first LNG power plants
A consortium of South Korea's Samsung C&T Corp and Vietnam's Lilama Corp has won a $940 million contract to build Vietnam's first LNG-fired power plants, Lilama said in a statement on Tuesday.
March 14, 2022 | 08:39 pm PT
$2.3-bln power plant gets greenlight
Central Quang Tri Province has approved the construction of a 1,500-megawatt liquefied natural gas-fired power plant with investment of nearly VND54 trillion (over $2.3 billion).
October 9, 2021 | 05:26 am PT
Vietnam's PV Power picks banks to facilitate $1.4 bln LNG project loans
Vietnam's state-run PetroVietnam Power Corp has signed a deal to allow a consortium of two local banks to arrange a $1.4 billion syndicated loans for two liquefied natural gas (LNG) projects, the government said on Wednesday.
October 5, 2021 | 11:32 pm PT
Central province seeks approval for $27-bln LNG project by US firm
The central province of Khanh Hoa wants the government to add a new liquefied natural gas project worth $27 billion to the 2021-30 national energy master plan.
May 16, 2021 | 09:19 pm PT
Legal challenges block natural gas investment
Unresolved regulatory obstacles are preventing investors in liquefied natural gas (LNG) from replicating the success of renewable energy in Vietnam, a report says.
January 25, 2021 | 12:33 am PT
Energy companies make a beeline for central Vietnam
Several foreign and domestic companies have expressed interest in building multibillion-dollar liquefied natural gas power and storage plants in the central province of Khanh Hoa.
November 22, 2020 | 07:50 pm PT
$6 bln LNG-fired power plant planned in central Vietnam
A U.S.-Vietnamese joint venture wants to build a $6 billion liquefied natural gas-fired power plant in the central province of Thua Thien Hue.
November 8, 2020 | 11:19 pm PT
Exxon Mobil’s $5-billion LNG power plant gets green light
The northern port city of Hai Phong has given approval to Exxon Mobil to build a liquefied natural gas-fired power plant.
October 2, 2020 | 11:30 pm PT
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