Infrastructure, planning key to developing LNG in Vietnam

Industry experts said LNG power projects will likely face fierce competition from other power-generating plants, traditional and renewable, as the Vietnamese government does not offer guarantees for LNG. — AFP

HANOI: Infrastructure, planning and a market mechanisms are among key issues that must be addressed to develop a market for liquefied natural gas (LNG) in Vietnam, say speakers at a conference on LNG in Hanoi.

Deputy head of the Electricity and Renewable Energy Department under the Industry and Trade Ministry (MoIT) Bui Quoc Hung said the importation of LNG must follow international trade standards and regulations while Vietnam is still lacking in many key areas including design, construction, and operation of infrastructure for LNG imports.