Vietnam receives first LNG cargo in bid to develop new power supply


HANO (Reuters): State-owned PetroVietnam Gas said on Monday it had received a cargo of 70,000 metric tons of liquefied natural gas (LNG) from Singapore-based Shell Eastern Trading, marking Vietnam's first ever LNG import.

The Southeast Asian manufacturing hub plans to build 15 LNG-fired power plants by 2035 with a combined capacity of 22.4 gigawatts, accounting for nearly 15% of the country's total power generation mix, from zero now.

The relatively small cargo, which departed from Indonesia's Bontang Port as reported by Reuters last week, is aimed at test running PetroVietnam Gas's Thi Vai LNG terminal in the south of the country, the company said in a statement.

The terminal is expected to supply gas to industrial clients and two nearby power plants being developed by state-owned PetroVietnam Power, with the first set to be operational at the end of next year, according to the developer. - Reuters

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Vietnam , LNG , first Import Batch

   

Next In Aseanplus News

No entry to president’s offices
Ex-minister’s midnight suicide bid
Veep Duterte expects impeachment over Marcos threat
NParks makes big push for coral, reef restoration
Only Indian solar cells in govt projects from 2026
World Bank: Severe floods adding to bleak fiscal new year
Subsidised fertility services to boost birth rates
North Korea makes its first comments
Jail time for man with endangered tortoises
Inmate who earned PhD in prison gets royal pardon

Others Also Read