LNG

Delta Offshore Energy, the Singapore-based company, has awarded the world’s leading liquefaction plant builder Bechtel Inc. of the US the preliminary engineering contract for the power plant in Vietnam to be fuelled by imported LNG in Bac Lieu Province on the Mekong Delta.

The US Magnolia LNG export project in Louisiana, which recently agreed to supply cargoes to a new terminal in Vietnam planned for the Mekong Delta, has agreed to extend its negotiating time and seek a full sales agreement to be signed by the end of May 2020.

Vietnam has logged another natural gas discovery in the offshore Song Hong Basin in a prospect explored by Italian energy company Eni and Essar Oil of India as the Vietnamese also advance with two LNG import projects.