29 October 2020

Breaking the deadlock in Vietnam

The South Asian tiger economy desperately needs power. But new capacity is notoriously slow to emerge

As many as eight projects are jockeying to use seaborne imports of gas to fire generation required to meet soaring power demand in Vietnam, making the Southeast Asian nation potentially one of the hottest LNG-to-power prospects globally. But translating this potential into reality is another matter. Two factors have further increased Vietnam’s appeal, Mangesh Patankar, director, gas & LNG consulting at intelligence firm Wood Mackenzie, told Petroleum Economist’s LNG to Power APAC virtual forum in late October. One is the US-China tariff war, which has seen companies wanting to move certain parts of their manufacturing bases out of China increasingly looking at Vietnam. Second has bee

Welcome to the PE Media Network

In 2021 Petroleum Economist is joined by Hydrogen Economist and Transition Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

To celebrate the launch of our two new channels we are making Hydrogen Economist and Transition Economist free to everyone for a limited time only