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PetroVietnam Power secures $300mn short-term loan for gas power projects

The financing will support the development of the Nhon Trach 3 and 4 gas-fired power projects. [Image: PV Power] ....

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Capturing the carbon value chain [Gas In Transition]

Canadian natural gas producers are hopeful that carbon capture and storage can reach commercial status with federal tax credit assistance [Gas in Transition, Volume 2, Issue 5] ....

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LNG in Vietnam's power sector [NGW Magazine]

LNG in Vietnam s power sector [NGW Magazine]
Jan 29, 2021 5:15:am
Summary
Vietnam is expected to see a rapid expansion in investment in the power generation sector, boosting demand for LNG in southeast Asia in coming years. [NGW Magazine Volume 6, Issue 2]
by: Shardul Sharma
Posted in:
LNG in Vietnam s power sector [NGW Magazine]
Hanoi last year prepared the Power Development Plan-8 (PDP-8) which was sent to the ministry of industry and trade (MOIT) in November, from where it will then go to the prime minister’s office for approval.
The PDP-8 is expected to get the final green light from the prime minister’s office during the first quarter of this year, said Vi Le Nhuan from the Institute of Energy, which comes under the MOIT. Vi was speaking at an industry webinar mid-December. ....

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Gas in the EU energy transition [NGW Magazine]

Gas in the EU energy transition [NGW Magazine]
Jan 7, 2021 7:50:am
Summary
Natural gas could be important in the medium and long term, but decisions made this year will influence the extent of the role it is likely to play. [NGW Magazine Volume 6, Issue 1]
by: Janet Wood
What are the prospects for natural gas in Europe, during the bloc’s 30-year transformation into a ‘net zero’ economy? Can it expect a slow decline, or are there areas where it has value in the medium or long term?
Although the EU and its institutions continue to invest in gas infrastructure, analysis of investment by the EU’s flagship European Investment Bank (EIB) show a continued decline in gas financing in favour of electricity projects. ....

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