Vietnam

Vietnam’s plans to use more natural gas and renewables could prove to be challenging as power projects are already delayed and the country will need billions of dollars from foreign investors to increase domestic production and build LNG infrastructure. Vietnam has long had huge potential for gas-to-power projects, with growing energy demand, industrial activity and…

PV Gas, a subsidiary of state-run PetroVietnam, on Monday started construction on the 1 million metric ton/year Thi Vai liquefied natural gas (LNG) facility in Ba Ria-Vung Tau province in southern Vietnam.

Facing a projected natural gas supply shortage that could begin next year, state-owned PetroVietnam said earlier this month that along with its partners it plans to start construction of the Thi Vai liquefied natural gas (LNG) import terminal, Vietnam’s first, in the southern Ba Ria-Vung Tau province.

Alaska Gasline Development Corp. (AGDC) picked up more potential backing for its long-stalled liquefied natural gas (LNG) export project after PetroVietnam Gas (PVGAS) signaled its support on Sunday.