Commodity market report
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41 Pages

Vietnam gas markets long-term outlook H2 2013

Vietnam gas markets long-term outlook H2 2013

Report summary

Delays to gas infrastructure projects in the South have continued.  In particular, the likelihood of Block B&52 being developed has become even more uncertain.  This leaves few options to meet power demand until 2020 and EVN has to expedite the expansion of the 500 kV power transmission line from Central to South Vietnam to advert a power shortage.

What's included?

This report includes 4 file(s)

  • Vietnam gas markets long-term outlook H2 2013 PDF - 1.95 MB 41 Pages, 14 Tables, 34 Figures
  • Appendix - Vietnam gas markets long-term outlook H2 2013.pdf PDF - 97.91 KB
  • Storyboard - Vietnam gas and power market long-term outlook H2 2013.pdf PDF - 741.87 KB
  • Vietnam Gas Data Jan2014.xls XLS - 752.79 KB


Volatility in oil markets and the growth of unconventional gas supply have created a high degree of uncertainty about future gas demand and the direction of gas prices.

This Gas Markets Long Term Outlook report forecasts future pricing, based on deep analysis of gas supply and demand fundamentals. Additionally, it addresses complex questions on gas flows, identifies future opportunities and informs fuel purchasing strategies.

Participants and investors can use this long term outlook report to understand gas markets and assess the impact of global gas dynamics and key market drivers.

Wood Mackenzie provides detailed supply, demand and price forecasts based on our integrated upstream, power, coal and LNG research. Our regional gas experts are based in the markets they analyse, providing comprehensive analyses of regional and global gas markets.

If you want to understand complex gas market dynamics and plan for the future, Wood Mackenzie is the premier resource to help you gain a clear, competitive advantage.

  • Executive summary
    • Gas supply growth stalls
    • LNG is needed but regasification infrastructure is not in place
  • Economic outlook
  • Policy and regulation
    • In this section
    • Key Offices
    • Policy drivers
    • Competition
    • Fuel mix
    • Renewables
    • Pricing
    • Upstream
    • Transmission
    • Distribution
    • Regulation
  • Supply
    • In this section
    • Supply from South West Vietnam
    • Supply from South East Vietnam
    • Supply from North Vietnam
    • Potential uncontracted supply from South West Vietnam
    • Potential uncontracted supply from South East Vietnam
    • Potential uncontracted supply from Central/North Vietnam
  • Infrastructure
    • In this section
    • Vietnam
    • Block B&52 – O Mon
    • Nam Con Son 2
    • North/Central Vietnam pipeline
    • Interconnector Southwest – Southeast
    • Current regasification status
    • Future regasification terminal development
  • Demand
    • In this section
    • Southeast Vietnam gas demand (power)
    • Southeast Vietnam gas demand (nonpower)
    • Southwest Vietnam gas demand (Power)
    • Southwest Vietnam gas demand (Nonpower)
    • North Vietnam gas demand (Power)
    • North Vietnam gas demand (Nonpower)
    • Central Vietnam gas demand
  • Supply-demand balances
    • In this section
    • Short term LNG outlook
    • Medium and long term LNG outlook
    • Southeast Vietnam gas market balance
    • Southwest Vietnam gas market balance
    • North Vietnam gas market balance
    • Central Vietnam gas market balance
  • Prices
    • In this section:
    • Current LNG price contracts
    • South West Vietnam
    • South East Vietnam
    • Power Sector
    • Fertiliser
    • Industry
  • Risks and uncertainties
    • This section provides the key analysis on:
    • Vietnam/China Maritime Border Dispute
    • Block B&52
    • Nam Con Son basin discoveries

In this report there are 48 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
    • Executive summary: Table 2
    • Executive summary: Table 3
    • Executive summary: Table 4
  • Economic outlook
    • GDP Forecast - Vietnam
    • Economic Indicators (2000-2030)
  • Policy and regulation
    • Major energy legislation
    • Vietnam’s energy policy and regulatory structure
    • Policy and regulation: Image 2
  • Supply
    • Total potential gas supply available - Vietnam
    • Vietnam gas reserves – top 20 reserve holders*
  • Infrastructure
    • South Vietnam gas pipelines and fields
    • North Vietnam gas pipelines and fields
  • Demand
    • Southeast Vietnam total gas demand
    • Power sector gas users
    • Industry sector gas users
    • Southwest Vietnam total gas demand
    • Power sector gas users
    • Industry sector gas users
    • North Vietnam total gas demand
    • Power sector gas users
    • Industry sector gas users
    • Central Vietnam total gas demand
    • Power sector gas users
  • Supply-demand balances
    • Vietnam LNG Demand
    • Local supply demand gap
    • Southeast Vietnam balance
    • Cuu Long gas pipeline
    • Nam Con Son gas pipeline
    • Regasification terminal utilisation
    • Local supply demand gap
    • Southwest Vietnam balance
    • Pipeline Utilisation (Malaysia Vietnam CAA)*
    • Pipeline Utilisation (Block B&52)*
    • Local supply demand gap
    • North Vietnam balance
    • Local supply demand gap
    • Central Vietnam balance
  • Prices
    • Vietnam end-user gas prices against fuel oil
    • Gas price outlook to 2031
    • Current gas pricing - key upstream gas contracts
    • Current gas price - delivered
  • Risks and uncertainties
    • GDP growth assumptions for high and low case
    • Power demand sensitivity on gas
    • Coal growth assumptions for high and low case
    • Coal demand sensitivity on gas in the power sector
    • Vietnam grid gas and coal demand
    • Southeast Vietnam gas sensitivity
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