Vietnam greenlights project and moves closer to importing US LNG
The inclusion of Bac Lieu LNG-to-power in Vietnam's PDP 7 allows the project owner, Delta Offshore Energy, to finalise a long-term offtake with LNG Ltd for supplies from Magnolia LNG. This could be the first offtake arrangement between a Vietnamese buyer and a developer of an export project in the US
Vietnam may start importing LNG from the US as early as from 2023 if the Bac Lieu LNG-to-power project takes flight