Vietnam aims to fuel 3 power plants with Block B gas: PM
Gas from offshore Block B will fuel the O Mon 2, 3 and 4 power plants that are set to begin operation in 2026, 2027, and 2028, respectively, says Prime Minister Pham Minh Chinh.
Energy - Mon, May 13, 2024 | 3:49 pm
Japan’s Mitsui to invest $740 mln in Vietnam gas field
Tokyo-headquartered Mitsui & Co. has finalized an investment decision to develop a gas field 330 kilometers off Vietnam’s southern coast, with its share of development costs estimated at $740 million.
Energy - Mon, April 1, 2024 | 5:11 pm
Petrovietnam, subsidiaries ink gas sales deal with Japanese, Thai partners for $12 bln power project
State-run Petrovietnam and its subsidiaries have signed deals with Japanese and Thai partners to buy gas for their long delayed $12 billion power project at Block B-O Mon.
Energy - Fri, March 29, 2024 | 2:05 pm
Vietnam PM renews call for speedier pace on Block B-O Mon gas project
Prime Minister Pham Minh Chinh has again requested state-run oil and gas giant Petrovietnam and related parties to speed up key power projects, including the Block B – O Mon gas-to-power one, to ensure national energy security.
Energy - Tue, January 9, 2024 | 12:04 pm
Bright outlook for Vietnam oil and gas stocks
Vietnam’s oil and gas stocks are expected to continue to grow in the long term with positive impacts from high oil prices, expected final investment decision (FID) approval of the Block B - O Mon gas-to-power project by the end of 2023, and the new Law on Oil and Gas.
Finance - Wed, November 15, 2023 | 2:11 pm
PM urges haste on Vietnam’s second-largest gas project
Prime Minister Pham Minh Chinh wants the multibillion dollar Block B gas-to-power project to pick up speed towards feeding power plants in the Mekong Delta’s O Mon complex.
Energy - Tue, August 8, 2023 | 9:27 pm
Petrovietnam set to begin work on two thermal power plants in Mekong Delta
State-owned Petrovietnam plans to begin work this year on the O Mon 3 and O Mon 4 gas-fired thermal power plant projects in the Mekong Delta.
Energy - Fri, June 30, 2023 | 5:37 pm
Petrovietnam earmarked as new investor for long-delayed gas power projects in Can Tho
Ministries in Vietnam have asked Prime Minister Pham Minh Chinh to transfer two delayed gas-fired power projects in the Mekong Delta from state utility Vietnam Electricity (EVN) to Petrovietnam.
Energy - Tue, May 30, 2023 | 12:07 pm
Phu Quoc POC secures service deals for Vietnam’s second-largest gas project
Vietnam’s Phu Quoc Petroleum Operation Company, operator of the major Block B gas development project, has secured project management support service (PMSS) deals from service suppliers.
Energy - Thu, May 18, 2023 | 3:25 pm
O Mon 3 gas-fired power project delayed over ODA procedure entanglement
The O Mon 3 gas-fired power plant project in southern Vietnam might not be able to receive the first gas flow from Block B in the fourth quarter of 2026 as scheduled, due to problems related to official development assistance (ODA) procedures.
Energy - Mon, March 13, 2023 | 10:54 pm
Marubeni deal gives Vietnam’s second largest gas project a lift
Vietnam’s second largest natural gas project that needs around $10 billion to facilitate fuel energy transition has received a stimulus from a deal signed on Wednesday by Japanese heavyweight Marubeni and Petrovietnam.
Energy - Wed, February 22, 2023 | 9:15 pm
Vietnam to speed up preparations for two huge gas projects
The Vietnamese government is seeking to accelerate preparatory work for two mammoth gas projects - Ca Voi Xanh (Blue Whale) and Block B - to soon diversify the country’s energy sources.
Energy - Sat, January 7, 2023 | 8:16 am
Only 4 LNG-to-power projects added to new Vietnam power plan
Only four LNG-fuelled power projects are added to the country’s draft national power development plan VIII (PDP VIII), according to the Ministry of Industry and Trade.
Energy - Sun, October 16, 2022 | 9:26 am
Large-scale Mekong Delta power project not out of the woods
Can Tho city’s prolonged multi-billion-dollar O Mon power center project still wrestles with complex price negotiations to buy gas from Petrovietnam’s Block B project offshore of Vietnam.
Energy - Tue, October 11, 2022 | 11:32 am
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