Delta goes private with Vietnamese LNG project
The firm’s LNG-to-power development will be the first in Vietnam to be fully privately owned
Delta Offshore Energy is developing Vietnam's first fully privately owned LNG-to-power project at Bac Lieu in the Mekong Delta. Managing Director Ian Nguyen talks to Petroleum Economist about his company's plans and the LNG sector’s future in Vietnam. Can you give an update on the progress and expected completion dates for the Bac Lieu LNG terminal and power plant? Nguyen: We are finalising the feasibility study appraisal with the Ministry of Industry and Trade and Vietnam’s Electricity and Renewable Energy Authority. Contractors Bechtel, Stena and McDermott will conduct Feed. And we have engaged state utility EVN and its Electricity Power Trading Company subsidiary regarding the power-pur

Also in this section
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
22 July 2025
Next year’s WPC Energy Congress taking place in April in Riyadh, Saudi Arabia will continue to promote the role of women in the energy sector, with a number of events focusing on the issue.
22 July 2025
Pedro Miras is the serving President of WPC Energy for the current cycle which will culminate with the 25th WPC Energy Congress in Riyadh, Saudi Arabia in April 2026. He has over 30 years of experience in the energy sector, including stints with Repsol and the IEA. Here he talks to Petroleum Economist about the challenges and opportunities the global energy sector currently faces.
17 July 2025
US downstream sector in key state feels the pain of high costs, an environmental squeeze and the effects of broader market trends