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Vietnam seeks LNG collaboration with Russia’s Novatek Group

Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan held a working session in Hanoi on March 20 with Russia’s Novatek Group to explore potential collaboration in Vietnam's liquefied natural gas (LNG) sector.
Vietnam seeks LNG collaboration with Russia’s Novatek Group ảnh 1At the working session (Photo: VNA)

Hanoi (VNA) - Deputy Minister of Industry and Trade NguyenSinh Nhat Tan held a working session in Hanoi on March 20 with Russia’s NovatekGroup to explore potential collaboration in Vietnam's liquefiednatural gas (LNG) sector.

E.N. Golm, Director of Business Development atNovatek, highlighted the company's existing involvement in Vietnam's energysector. She mentioned a 1.5 GW power plant project currently underway in Ca Na, the south central province of Ninh Thuan, which is being developedby a consortium of contractors, including Novatek alongside Zarubezhneft,Total, and Siemens.

Golm expressed Novatek's strong interest inexpanding its presence in Vietnam's LNG market, beyond just the Ca Na project.The company sees Vietnam's growing natural gas market as an attractiveopportunity, she said.

Tan welcomed Novatek's interest and providedadditional information to guide the company's LNG investment projects inVietnam. He expected that Novatek would expedite the completion of Ca Napower plant project as soon as possible.

Founded in 1994, Notatek specialises inexploration, production and processing of natural gas and liquefiedhydrocarbons. It is also known as the largest independent natural gas producerin Russia./.

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#Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan #Vietnamplus #Vietnam News Agency #liquefied natural gas #LNG sector #Ca Na power plant project Russia Vietnam
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