LNG

Novatek, the owner and developer of two Russian Arctic region LNG export plants, has signed an accord to help Vietnam develop a second LNG import terminal and adjacent gas-fired power station in Ninh Thuan province south of Cam Ranh Bay.

Vietnam is making progress on a project to construct a liquefied natural gas import terminal with an associated power plant in Bac Lieu Province in the southern Mekong Delta and the venture is being developed with full foreign infrastructure investment.

Kawasaki Heavy Industries of Japan has completed the development of a floating, gas-fired power plant to operate with LNG deliveries and aimed at Southeast Asia with its many islands and isolated communities unable to receive pipeline gas supplies.