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$1.3B LNG terminal project approved in central Vietnam

$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.
$4B LNG-fired plant delayed by electricity price haggle

$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

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

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

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

$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 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

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

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

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

$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

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
Central province seeks to compensate nuclear loss with more LNG power

Central province seeks to compensate nuclear loss with more LNG power

Ninh Thuan has proposed that it develops another 4,600 MW plant using liquefied natural gas (LNG), making up for shelved nuclear energy plans.
July 23, 2020 | 03:40 am PT
$4 bln LNG plant asking price too low: trade ministry

$4 bln LNG plant asking price too low: trade ministry

The Ministry of Industry and Trade is concerned the investor of a $4-billion power plant won’t be able to commit to its proposed electricity price tag.
December 4, 2019 | 06:07 am PT
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