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Insights and Analysis

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Home » Manufacturing & Industry » Vietnam secures funding for two LNG plants but start date uncertain

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. It’s not clear in the earlier article how much the state power provider is expecting to depend on said LNG plants over the summer but this confusion could be a problem.

energy, lng, vietnam

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