Ho Chi Minh City, Vietnam
Three key hurdles for Vietnam’s LNG-to-power sector
Tariffs, location and bureaucracy are obstacles to be overcome to drive greater use of gas in Vietnam’s power sector
Vietnam is in the process of switching to gas from a heavy reliance on coal-fired generation, with as many as 18 gas-to-power projects and nine LNG terminals under development. Substituting coal will have a major impact on ESG and carbon savings, but LNG and gas-to-power developments still face obstacles in Vietnam, speakers told Petroleum Economist’s LNG to Power Forum Apac event in Singapore in mid-May. Vietnam needs to make progress on infrastructure projects—particularly grid upgrades and improvements— to enable these gas-to-power projects to succeed, says Gilles Pascual, Asean power and utilities leader at consultancy EY. Many Vietnamese LNG projects—and even some of the previous tranch
Also in this section
3 December 2024
Papua New Guinea’s LNG sector appears to be back on track, with other projects in the pipeline
2 December 2024
Crucial role of gas means country is laying the foundations to control physical and trading supply chains
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
Although Iraq remains a major crude exporter, it is still some way from becoming a regional energy supply hub. Ambitious new cross-border schemes aim to rectify that situation
