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Friday, October 15, 2021

Vietnam is speeding up the development of LNG infrastructure as one way to lower carbon emissions and ensure energy security given declining domestic natural gas resource production and increased demand resulting from strong economic growth. On October 7, the USAID Vietnam Low Emission Energy Program II (V-LEEP II) project, together with the the Oil, Gas and Coal Department of the Ministry of Industry and Trade, co-organized a workshop on the scientific basis for developing requirements for the design, installation, and operation of LNG storage. The workshop was attended by participants from the Ministry of Transport, Ministry of Science and Technology, PetroVietnam Gas, the Vietnam Petroleum Institute, and other stakeholders. USAID through V-LEEP II provided support to finalize these regulations and organized this workshop to validate and ensure the alignment between the Government of Vietnam agencies on LNG terminal standards, regulations, and management authority.

USAID’s support is helping Vietnam towards greater energy security, and given the novelty and complexities of LNG operations in Vietnam, establishing joint-understanding and institutionalizing coordination is an important step in advancing LNG development in Vietnam.

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