New power plan lacks mechanisms to attract private investors Business

New power plan lacks mechanisms to attract private investors

There are still issues to be resolved with the recently approved National Power Development Plan 8 (PDP8), namely how to attract and encourage private investors, including green financing from foreign financial institutions, according to the Ministry of Planning and Investment (MPI).
First LNG storage facility in Vietnam Business

First LNG storage facility in Vietnam

The first liquefied natural gas (LNG) terminal in Vietnam, located at Cai Mep Industrial Park in Tan Phuoc ward, Phu My township, southern Ba Ria-Vung Tau province, is now ready for the first batch of LNG.
Indonesia considers limits on LNG exports World

Indonesia considers limits on LNG exports

The Indonesian government plans to prohibit the export of liquified natural gas (LNG) to help supply domestic industries, Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan has said.
Thailand promotes energy saving World

Thailand promotes energy saving

Thailand’s energy authorities are preparing to make an electricity saving campaign a mandate for households and businesses as they struggle to deal with the high prices of liquefied natural gas (LNG) which may keep soaring in the winter, putting more financial burden on national power generation, reported the Bangkok Post.
Thi Vai LNG project reaches 97% completion Business

Thi Vai LNG project reaches 97% completion

The one-million-tonne Thi Vai LNG storage project invested by Petrovietnam Gas Joint Stock Corporation (PV GAS) has reached 97.08% of the progress, with a total safe time of more than 2.73 million hours and no occupational accidents during project implementation.
Petrovietnam facilitates production, trading of gas products Business

Petrovietnam facilitates production, trading of gas products

The Vietnam Oil and Gas Group (Petrovietnam) is taking measures to create favourable conditions for production and trading of gas products in the remaining months of 2022, given negative impacts of the world energy crisis on the consumption demand for liquefied petroleum gas (LPG), and liquefied natural gas (LNG).
PV GAS D targets status of leading natural gas distributor Business

PV GAS D targets status of leading natural gas distributor

PetroVietnam Low Pressure Gas Distribution JSC (PV Gas D) – a subsidiary of Vietnam Gas Corporation (PV GAS) -aims to become a leading natural gas products and re-engineered LNG distributor, ensuring clean fuel supply to industrial parks and urban areas in Vietnam, according to its business strategy to 2025.
Renewable energy offers investment opportunities in Vietnam Business

Renewable energy offers investment opportunities in Vietnam

Vietnam’s target of raising renewable electricity to 45 percent of the national power generation capacity by 2030 and the need for investment worth up to 14 billion USD towards this goal have created substantial opportunities for both domestic and foreign firms.