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Prospect of gas industry and the role of liquefied natural gas (LNG) in Vietnam during 2011–2035

Thang Dinh Dang 1, *
Quyen Huynh 1
Khoa Dang Ta 1
  1. Ho Chi Minh City University of Technology, VNU HCM
Correspondence to: Thang Dinh Dang, Ho Chi Minh City University of Technology, VNU HCM. Email: pvphuc@vnuhcm.edu.vn.
Volume & Issue: Vol. 19 No. 3 (2016) | Page No.: 31-40 | DOI: 10.32508/stdj.v19i3.582
Published: 2016-09-30

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Copyright The Author(s) 2023. This article is published with open access by Vietnam National University, Ho Chi Minh city, Vietnam. This article is distributed under the terms of the Creative Commons Attribution License (CC-BY 4.0) which permits any use, distribution, and reproduction in any medium, provided the original author(s) and the source are credited. 

Abstract

The paper presents the detailed data of gas demand for power, fertilizer and other industries in Vietnam during 2011–2015, as well as forecasted data for 2016–2025 and 2026–2035 phases. The results demonstrate that the domestic gas industry cannot meet the market requirement, the inadequacy is estimated of 30%. Liquefied natural gas (LNG) receiving terminal installation for import is considered as a feasible solution to the problem. However, the major barrier is that the gas pipeline system is discrete in the whole country, the configuration of LNG receiving terminal must be therefore selected and designed reasonably. By analysis, Vietnamese LNG market is a high potential in 2016–2035 phase.

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