SINGAPORE/HANOI : PetroVietnam Gas has issued a tender seeking to buy Vietnam's first cargo of 50,000 tonnes to 70,000 tonnes of liquefied natural gas (LNG) as it prepares to commission a southern import terminal, two sources said on Friday. Vietnam, a manufacturing powerhouse that generates most of its e
SINGAPORE/HANOI : PetroVietnam Gas has issued a tender seeking to buy Vietnam's first cargo of 50,000 tonnes to 70,000 tonnes of liquefied natural gas as it prepares to commission a southern import terminal, two sources said on Friday.
Vietnam, a manufacturing powerhouse that generates most of its electricity from coal, is drafting a new power plan that aims to boost its installed LNG-fired power generation capacity to up to 24.5 gigawatts by 2030. The cargo is sought on a delivered ex-ship basis for delivery between June 1 to July 31, the sources said, adding that the tender will close on May 11.
The Thi Vai LNG Terminal in the province of Ba Ria Vung Tau will supply two gas-fired power plants being built in the neighbouring province of Dong Nai. PetroVietnam Gas has said the terminal is expected to supply between 680,000 tonnes and 850,000 tonnes of LNG each year during the period from 2023 to 2027.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan's Tokyo Gas reports record 2022/23 profit on LNG price boostTOKYO : Tokyo Gas on Wednesday reported its highest ever yearly net profit for the 2022/23 fiscal year amid record LNG prices, but warned that next year's profit may drop because of projected lower city gas and electricity sales. Like many other major Japanese companies, Tokyo Gas has liquefied natural ga
Read more »
Vietnam EV maker VinFast gets fresh funding pledges of US$2.5 billionHANOI: Vietnamese electric vehicle maker Vinfast said on Wednesday it had got a fresh round of funding pledges worth $2.5 billion for its future development. Of the pledges, $1 billion will be provided as a grant from its founder Pham Nhat Vuong within the next year, the company said in a statement. Its pa
Read more »
Analysis:World's apparel, sneakers hub Vietnam struggles as US ban on Xinjiang cotton bitesHANOI : Tighter U.S. rules to ban imports from China's Xinjiang are compounding pressure on Vietnam's apparel and footwear makers, hitting a sector that has already shed nearly 90,000 jobs since October in the global manufacturing hub as demand slowed.Among garment exporters, Vietnam has faced the worst h
Read more »
First reactions to DC superhero film, The Flash, starring Ezra MillerWarner Bros screened the film for the first time at CinemaCon on Tuesday (Apr 25) for theatre owners, exhibitors and reporters attending the annual trade show and industry conference.
Read more »
New BOJ chief's first task may be to tweak forward guidanceTOKYO : Japan's new central bank chief is likely to keep monetary settings ultra-loose at his debut meeting on Friday, but may consider dropping references to the COVID-19 in forward guidance as the pandemic fades as an economic risk. While such a tweak would not have material implications for polic
Read more »
Daniel Radcliffe welcomes first child with long-time partnerDaniel Radcliffe has become a father for the first time. The Harry Potter actor and his partner Erin Darke - who met in 2012 on the set of Kill Your Darlings - announced in March they were expecting a baby. Now, after the couple was pictured by MailOnline out walking in New York while the 33-year-old star pushed a blue...
Read more »