Germany's PNE wants Vietnam to approve a $4.6 billion offshore wind project
Local authorities reported on Wednesday that Germany's PNE AG was seeking the approval of the Vietnamese government for the development of a $4.6 billion offshore wind farm. The Department of Planning and Investment of Binh Dinh Province in central Vietnam said that if the company is granted a license, it would build a wind farm in the province with a capacity of 2,050 megawatts.
APPEC and Japan's JERA consider Vietnam gas-fired energy plant investment
A senior executive from Japan's largest utility, JERA, said on Wednesday that the company plans to invest in a gas-fired plant in Vietnam as part of its efforts to transition away from coal and towards cleaner fuels. By 2030, power plants that use domestic gas or imported liquefied gas (LNG), with LNG as the major contributor, will be a vital source of energy in Vietnam.
Exxon Mobil Vietnam Gas Project Could Start in November
Exxon Mobil Corp's Blue Whale gas project, Vietnam's biggest, could start in November, Vietnam Television (VTV) reported on Tuesday. The Blue Whale field has an estimated 150 billion cubic metres of reserves. Prime Minister Nguyen Xuan Phuc told Exxon Mobil on Tuesday he hoped to have the project starting officially at an Asia-Pacific Economic Cooperation summit in November when U.S.
Vietnam Raises Tariff Caps on Petrol and Diesel Imports
Vietnam has raised tariffs caps on imports of fuel, petrol and diesel products, the Ministry of Finance said on Thursday, a move which could translate into higher state income given the country's rising imports of these products. This follows a drop in global oil prices that will hit the country's finances. The Vietnamese government…
Thai PTT, Saudi Aramco in Vietnam Petrochemical JV
Thai energy company PTT has joined with Saudi Aramco, the world's biggest oil producer, to submit a proposal to the Vietnamese government to build a $22 billion refinery and petrochemical complex in Vietnam, a senior PTT official said. State-controlled PTT and Aramco will each own 40 percent of the project at Binh Dinh's Nhon Hoi economic zone…
China Urges Peaceful Development of Seas
China, involved in a growing dispute with its neighbours over the energy-rich South China Sea, wants to promote peaceful development of the oceans, Premier Li Keqiang said, warning conflicts in the past had only brought "disaster for humanity". China claims almost the entire ocean, rejecting rival claims to parts of it from Vietnam…
Vietnam Considers Legal Action Against China
Vietnam says will "resolutely defend its sovereignty." China says Vietnam making "irresponsible accusations" against it; Philippines submitted arbitration case against China in March. Vietnamese Prime Minister Nguyen Tan Dung said his government was considering various "defence options" against China, including legal action…
China's Actions In Sea Disputes Straining US Ties
China 's Actions in Maritime Disputes with its neighbors in the South China Sea are straining U.S.- China relations and raise Questions on WHETHER Washington can work together with Beijing in Asia and on Bilateral issues, a Senior U.S. official said on Thursday. Close Washington is in contact with the Vietnamese Government…
