Environment & Energy Report

LNG May Muscle In On Coal in Vietnam’s $7.8 Billion Power Plan

March 20, 2019, 1:26 PM

Vietnam’s latest plans for $7.8 billion in gas-fired power projects may see the nation become one of the world’s newest liquefied natural gas importers and cut its coal use.

The Ninh Thuan provincial government on Wednesday said it met with Thailand’s Gulf Energy Development Pcl over plans to build four gas-fired plants, with total capacity of about 6,000 megawatts, as well as LNG import facilities, it said on its website Wednesday. Gulf Energy declined to comment.

“This LNG project will help replace some of the existing coal-fire power,” Hoang Quoc Vuong, Vietnam’s deputy minister of industry and trade, said by...

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