Vietnam’s regulatory environment can be ‘challenging’
Vietnam poised to join LNG importers club
At least one, and potentially two, regasification terminals are due to come online next year
State-owned Petrovietnam Gas (PV Gas) expects to start importing LNG in the third quarter of 2022. The utility has completed around 90pc of its Thi Vai regasification terminal, which will have an initial capacity of 1mn t/yr and eventually be expanded to 3mn t/yr. Associated pipeline works are also on track to be completed in time for the third quarter next year. With a significant number of projects underway, Vietnamese LNG imports could “see exponential growth from less than 1bn m³/yr to over 4bn m³/yr over the next decade”, says consultancy Fitch Solutions. PV Gas—which is developing at least two more terminal projects, the 3mn t/yr Ca Mau and 4-6mn t/yr South East LNG schemes—also confir
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy
