Extractive industries

Oil and gas resources

Construction of Vietnam's first LNG terminal to begin next month

State-run PetroVietnam Gas Corporation (PV Gas) and its partners plan to start construction of the country’s first liquefied natural gas (LNG) terminal in southern Vietnam next month. The Thi Vai LNG terminal in Ba Ria – Vung Tau Province is expected to come on stream by 2022.Under ...

Hung Le

Vietnam forecast to face net imports of crude oil

Vietnam’s self-sufficiency for crude oil could come to an end due to exploitation that could turn the country into a net importer of crude oil for the first time, experts warned.According to analysts from the Fitch Solutions Macro Research, crude oil production in Vietnam would continue to drop over the ...

Biggest oil refinery starts commercial operations

PM Nguyen Xuan Phuc on Sunday attended a ceremony to put Nghi Son oil refinery and petrochemical complex into commercial operations after more than five-year construction.Speaking at the event, PM Phuc said output of the Nghi Son and Dung Quat refineries will meet around 80-90% ...

Quang Minh

Vietnam to face gas shortage in 2020: MoIT

Vietnam may have to import gas from 2020 to produce electricity for the country’s socio-economic development, according to the Ministry of Industry and Trade (MoIT).Keep reading ...

VNA Reporter

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