Vietnam’s Block B&52 may not start gas output before 2029 on funding crunch: S&P Global
September 30, 2023 Comments Off
Vietnam’s flagship upstream gas asset, Block B&52, has the potential to reduce dependence on future LNG imports and boost domestic gas production, but it faces development hurdles and may not start until 2029, S&P Global Commodity Insights said in an August report. The obstacles included low power prices that do not allow high fuel costs to be passed on to…
Vietnam’s Block B&52 may not start gas output before 2029 on funding crunch: S&P Global
Vietnam’s flagship upstream gas asset, Block B&52, has the potential to reduce dependence on future LNG imports and boost domestic gas production, but it faces development hurdles and may not start until 2029, S&P Global Commodity Insights said in an August report. The obstacles included low power prices that do not allow high fuel costs to be passed on to…
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