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Vietnam, Russia seek cooperation in LNG sector

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(VOVWORLD) - Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan on Wednesday worked with Russia’s Novatek Group to explore potential collaboration in Vietnam's liquefied natural gas (LNG) sector. 
Vietnam, Russia seek cooperation in LNG sector - ảnh 1Representatives of the Ministry of Industry and Trade and Russia’s Novatek Group meet in Hanoi on March 20, 2024. (Photo: VGP/Phan Trang)

E.N. Golm, Director of Business Development at Novatek, highlighted the company's existing involvement in Vietnam's energy sector. She mentioned a 1.5 GW power plant project currently underway in Ninh Thuan province.

Golm said Novatek sees Vietnam's growing natural gas market as an attractive opportunity. Deputy Minister Tan welcomed Novatek's interest and provided additional information to guide the company's LNG investment projects in Vietnam.

Founded in 1994, Notatek is known as the largest independent natural gas producer in Russia.

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