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Vietnam gas and LNG H2 2017 summary

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18 January 2018

Vietnam gas and LNG H2 2017 summary

Report summary

Vietnam's gas market is split into three distinct regions: South West, South East and North Vietnam. The prospective development of the Ca Voi Xanh gas field could give rise to a new gas market in Central Vietnam in 2024. Vietnam is currently in a supply constraint situation. Gas supply has been stagnant at around 1,000 mmcfd level over the last five years, due to the slow progress of the upstream development. Recent projects such as Thai Binh, Dai Hung and Thien Ung has helped maintain production at the current level, with additional supply expected from the Ca Rong Do, Sao Vang, Dai Nguyet, Nam Du and U  Minh fields in the near term. But the real breakthrough is expected in 2024 when the larger gas fields, Block B&52 and CVX, come online. Vietnam is also working on LNG import infrastructure to meet its growing demand, although the progress to date has been quite slow.

Table of contents

    • Market background
    • PetroVietnam's privatisation drives
    • Potential gas supply upside post-2020
    • Planned imports from Indonesia's Tuna block
    • Additional partners for LNG import projects
    • Higher gas prices observed
    • Key changes to analysis from H1 2017 publication
    • Content summary

Tables and charts

This report includes 3 images and tables including:

  • Executive summary: Image 1
  • Wellhead gas price trend in Vietnam
  • Executive summary: Table 1

What's included

This report contains:

  • Document

    Vietnam Gas Data.xls

    XLS 856.00 KB

  • Document

    Vietnam gas and LNG H2 2017 summary

    PDF 2.12 MB

  • Document

    Vietnam gas and LNG H2 2017 summary

    ZIP 2.32 MB

  • Document

    Executive summary

    PDF 1.96 MB

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