lng
The LNG (Liquefied Natural Gas) category covers production, storage, and global trade trends in the LNG sector. It explores pricing dynamics, infrastructure investments, supply chain challenges, and energy policies, providing insights into market demand, sustainability efforts, and geopolitical influences on LNG trade.
Vietnam Gas Power Industry 2026: Growth, Challenges & Key Players
Vietnam’s gas power industry is poised for significant growth as the country seeks to diversify its energy mix and reduce its reliance on coal. With increasing energy demand driven by rapid economic development and industrialisation, natural gas is seen as a cleaner and more flexible alternative to traditional fossil fuels.
Energy: US$2.56 billion LNG power plant in Northern Vietnam’s Thai Binh to break ground this year
A US$2.56 billion liquefied natural gas (LNG) power plant project in Thai Binh province is scheduled to begin construction in late 2025, The Investor has reported. The plant, backed by Japanese firms Tokyo Gas and Kyuden Group alongside Truong Thanh Vietnam, is among 11 LNG power projects planned for commissioning between 2028 and 2029.
Can LNG really save Vietnam-US trade?
There has been a lot said about Vietnam buying more LNG in order to reduce its trade surplus with the United States. There has even been some suggestion that Vietnam could buy as much as US$35 billion worth a year and store it offshore. But is buying more LNG really a realistic option?
Energy: Vietnam cuts LNG import tariff to 2 percent to spur transition and investment
Vietnam has lowered its preferential LNG import tariff from 5 percent to 2 percent under Decree No. 73/2025/ND-CP. The reduction boosts cost competitiveness of LNG-fuelled power and incentivises investment across the LNG value chain, from importers to generators, the Vietnam News Agency has reported.
Energy: Vietnam PM pushes for US$6 billion gas deal with US to stabilise trade
Vietnam’s Prime Minister has ordered urgent negotiations to finalise a US$6 billion methanol gas import agreement with the United States, framing it as a cornerstone of efforts to balance trade and defuse tariff tensions. The PM has said he expects a deal to be finalised in May, according to Cafe F.
Vietnam’s natural gas extraction on decline despite monthly uptick
The cumulative figures for January through October 2024 reveal a 17.3 percent decrease over the same period last year, indicating persistent obstacles in the sector…
PetroVietnam Gas Corporation: Vietnam Stock Overview
Amid declining domestic natural gas production, imported LNG is slated to play a crucial role as a long-term alternative energy source. Currently, GAS is the first and only enterprise in Vietnam authorized to officially distribute LNG. GAS is involved in several key LNG projects, including the Thi Vai and Son MY LNG port warehouse and the Block B – O Mon gas pipeline projects…
Vietnam sets price bracket for LNG power negotiations
In Vietnam, for power projects, the MoIT typically sets a maximum and minimum price within which EVN then negotiates with individual power producers. It’s not clear what the purpose of these price brackets is and announcing the maximum price EVN can pay in advance seems counterintuitive to the negotiation process. Regardless this is the process through which most power project prices are determined…
Vietnam secures funding for two LNG plants but start date uncertain
Yesterday there was an article in VN Express that said Vietnam would have LNG power by April 15. Today, however, The Investor is reporting that PetroVietnam Power has secured short-term funding for the two plants which are expected to go online November 15 this year and May 15 next year.
Japan led consortium approved to build LNG plant in northern Vietnam
A consortium of Japan’s Tokyo Gas and Kyuden International, along with Vietnam’s Truong Thanh Group, has been approved to build a new LNG plant in northern Vietnam’s Thai Binh province, the Borneo Bulletin is reporting. The project is estimated to be worth just shy of US$2 billion.
Doubts raised over Vietnam’s ability to generated power from LNG next year
Despite a brand new LNG terminal in southern Vietnam, it’s unlikely Vietnam will be able to use LNG imported until 2025, The Investor is reporting. Vietnam currently has no LNG fired power plants to speak of and the first LNG plant is not expected to come online until the end
LNG terminal in southern Vietnam ready to operate
Vietnam’s first LNG terminal, located south of Ho Chi Minh City, is ready to operate, Vietnam Plus is reporting. About 20 million cubic meters of LNG has already passed through the terminal and it is expected that number will increase to 1.4 billion cubic meters a year. For context: Vietnam
VN’s natural gas dreams stall on contract delays
Prolonged negotiations over guarantees on power purchases and prices between state power provider Electricity Vietnam (EVN) and private power project developers may delay Vietnam’s shift to LNG, according to the Vietnam Investment Review. Giang Duy Nguyen, Deputy Director General of PV Power, a private power developer with two projects in
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