North Vietnam's gas development - signs of progress?

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12 September 2013

North Vietnam's gas development - signs of progress?

Report summary

The Thai Binh gas project, inaugurated early this year, marks the first step towards the development of gas reserves offshore North Vietnam. The project raises expectations that other North Vietnam gas projects will follow, leading to the broader development of the gas market in the northern/central region.

Table of contents

    • Overview
    • Driving factors
      • Unmet gas demand in Tien Hai
      • Scale and proximity of reserve
      • Selling non-associated gas into industry
      • Will other developments move in a similar fashion?
        • Uncontracted supply potential
        • Favourable factors
          • Proximity to key economic zones
          • Industrial gas demand
          • Price competitiveness in the industrial sector
        • Challenges
          • Scale and speed of industrial demand
          • Selling gas into power
          • Regulatory structure & competition among projects
        • Other monetisation options
      • Conclusion
      • Appendix

Tables and charts

This report includes 6 images and tables including:

  • North/Central Vietnam gas map
  • Uncontracted supply* in North/Central Vietnam
  • Fuel prices into industries (real 2013 terms)
  • Fuel prices into power (real 2013 terms)
  • Industrial gas demand - North/Central
  • Gas supply potential - North/Central

What's included

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  • Document

    North Vietnam's gas development - signs of progress?

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