On October 29, PetroVietnam Gas Corporation (PV GAS) held a ceremony to inaugurate Thi Vai LNG Terminal at Cai Mep Industrial Park in the southern province of Ba Ria-Vung Tau.
Minister of Planning and Investment Nguyen Chi Dung has welcomed China Communications Construction Co. Ltd (CCCC)’s plan to expand investment and business activities in Vietnam while meeting a representative of the firm in Beijing on October 19.
The possibility that electricity generated from liquefied natural gas will replace coal-fired power is some way off, with infrastructure concerns regarding import operations coming to the fore.
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To utilise the promising land of liquefied natural gas, developers are awaiting supportive policies for infrastructure to help save project costs and contribute to green energy goals.