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LNG in smaller bites: how the Middle East conflict is reshaping Vietnam's LNG buying strategy
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Report summary
Vietnam's growing economy is driving increase in LNG demand, but affordability constraints continue to shape PV GAS’s LNG procurement strategy in 2026. Vietnam imported mostly partial volumes from Australia and Malaysia, with the remaining volumes imported by other Asian buyers. Infrastructure limitations, nascent LNG demand, and affordability constraints collectively drive PV GAS to import partial cargoes.
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