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Vietnam is keen to revitalize its energy industry. With vast reserves, the country is striving towards open policies to boost the development of its oil &
gas industry.
Exploration success is on the rise, with a recent discovery of the country's largest gas field off the Northern Coast. Downstream sectors are looking up as the nation's 1st refinery Dung Quat starts commercial production and the 2nd refinery in the construction stage. Power demand is expected to surge 15-20 % annually, as the government urge investments to propel its power infrastructure & resources - from coal to alternative energy.
CMT's 12th VOGP is the annual event to deliver the latest updates & insights evoking Vietnam's energy sector.
Key Highlights
Register with your team now.
You Will Network With
- CEOs - Presidents - GMs - Business Development Directors - E&P Directors - Downstream Directors - Executives & Traders from Leading Oil & Gas & Petrochemical Companies - Government Officials - Power Producers - Coal Producers & Traders - Energy Consultants - Additives and Catalyst Companies - Project Financiers - Storage & Terminal Companies - EPC Companies - Legal Counselors
As the global marketplace continues to show signs of life, Asian economies, appear poised to exit the recent downturn with solid fundamentals and strong growth prospects. Vietnam's energy sector is certainly one driving factor!
The 12th Vietnam Oil Gas & Power (VOGP) convenes in Ho Chi Minh City on 28-29 October 2009 amid major new growth in Vietnam's energy industry, covering exploration & production, downstream activities, power production, unconventional energy sources and bioenergy.
PetroVietnam's Vice President Mr. Nguyen Quoc Thap will deliver the keynote address at this event, detailing the national oil company's strategy to develop itself as a global player and international upstream investment ventures from Russia to Latin America to Iraq! Mr. Tran Thanh Tung, Deputy Director General of Ministry of Industry & Trade and Dr. Hoang Ngoc Dang, General Manager (Exploration Division) of PetroVietnam, will also share updates on future blocks and prospects in Vietnam's upstream sector at the 12th Vietnam Oil, Gas and Power .
Vietnam's growth is largely driven by success in Oil Exploration & Production. In fact, PVEP is stepping up offshore exploration to ensure crude oil output and national energy security. PetroVietnam has signed over 60 Production Sharing Contracts (PSC), with more than 50 international oil and gas companies, accounting for billions of dollars of investment. In February 2009, the government announced their plans to invite foreign companies in oil exploration & production projects in its waters in the Gulf of Thailand.
Vietnam's downstream sectors are also looking up as the nation's 1st refinery Dong Quat started commercial production, its 2nd refinery is in the construction stage and a 3rd Refinery announced.
Vietnam's power demand is also expected to surge 15-20 % annually, as the government is calling for international investments to propel its power infrastructure & resources - from coal to alternative energy.
Among the key highlights at the 12th Vietnam Oil, Gas and Power is a preview of Vietnam's yet to be announced "Power Development Master Plan 7". What are the key changes to the revised Master Plan compared to the current plan 6? Institute of Energy Vietnam, the agency appointed to study key factors such as feed-in tariff and Government guarantee scheme will present the next phase of Vietnam's plans to create a competitive power retail market and attract investments.
VINACOMIN and PetroVietnam will also unveil the future of Vietnam's coal industry at the summit. PVEP will touch on Vietnam's Coal Bed Methane potential in the Hanoi Basin, and share strategies and plans to develop Coal Bed Methane in Vietnam. Coal Bed Methane offers a new window for foreign developers to participate in equity projects with PetroVietnam or VINACOMIN, either in developing Coal Bed Methane resources, or as a service provider. VINACOMIN will touch on the potential and feasibility of Underground Coal Gasification (UCG) for power generation, and provide a vision into the future of UCG in Vietnam.
Other important sessions on the 12thVietnam Oil, Gas and Power agenda:
- Perspectives from block operator, Salamander Energy on their experience in Cuu Long River Delta, and why Cuu Long basin is an attractive exploration acreage!
- KBC Advanced Technology Pte Ltd's experiences and insights on setting up an optimal refinery & petrochemical integration complex in Vietnam.
- PetroVietnam Gas Corporation's update on Vietnam's natural gas markets- from price movement to infrastructure development plans.
- Project sharing by PetroVietnam Biofuel Company on Vietnam's 1st bioethanol plant & how it will revolutionize the biofuel industry.
12th Vietnam Oil, Gas and Power is now welcoming registrations from around the world. Those keen to find out on Vietnam's Oil Exploration & Production, Natural Gas, Coal Bed Methane, Refinery, Biofuel & Power developments should attend 12th VOGP 2009.
For enquiries on media partnerships, exhibition space and/or sponsorship packages contact Ms. Injleep +65-63469113.
28 Aug, 2009
In June 2009, Vietnam’s energy sector achieved another major landmark when the PetroVietnam Bio-ethanol Company (PVB) began construction on Vietnam’s first bio-ethanol plant in Phu Tho Province in North Vietnam.
At the upcoming 12th Vietnam Oil Gas & Power summit, which convenes in Ho Chi Minh City on 28-29 October 2009, PetroVietnam Bio-Ethanol will share a project update and highlight some of the key design challenges. The representative will also touch on security of supply for petrochemical/chemical sector developments.
Covering 50 hectares in the Co Tiet Commune, 80 kilometers from Hanoi, the BioEthanol plant will have a capacity of 100,000 cubic meters a year in the first phase and utilize local cassava and sugarcane feedstocks.
With phase one of the plant expected to be up and running by December 2010, and the next phase, slated to double its capacity to 200,000 cubic meters, Vietnam's biofuel development plan is on track to produce 250,000 tonnes of BioEthanol by 2015, and over 1.8 million tonnes by 2025.
Alfa Laval of Sweden, Delta T of the U.S. and PetroVietnam Construction Joint Stock Corporation(PVC) are involved in the construction of the US$80 million BioEthanol plant, which will come on-stream in a mere 18 months!
The 12th Vietnam Oil Gas & Power will offer perspectives on the upcoming Opportunities in the country’s growing energy sector, and map the Shift in Policies & Production and Vietnam’s emerging domestic Energy Security concerns.
For more information on participation, media partnership, sponsorship and/or exhibiting at the 12th Vietnam Oil Gas & Power summit , >>CLICK HERE<< to visit our webpage, or contact Ms. Injleep at injleep@cmtsp.com.sg.
23 Jul, 2009
Vietnam’s Ministry of Industry and Trade announced in June 2009, that the country’s power sector needed US$8-10 Billion to develop the infrastructure of the oil, gas, coal and power industries in the country, including US$5 billion over the next 10 years to develop its power infrastructure to meet increasing demand.
The 12th Vietnam Oil Gas & Power (VOGP) conference, Vietnam’s most influential energy-industry networking platform, will convene on 28-29 October 2009 in Ho Chi Minh City to provide the industry with an update on these latest developments in Vietnam’s exciting new phase of energy sector development.
Vietnam’s domestic electricity demand is projected to increase 15-20 percent annually due to economic growth, industrialization and modernization.
Besides the Electricity of Vietnam, key domestic players set to dominate Vietnam’s power industry include the Viet Nam Coal and Mineral Industries Group, the Viet Nam National Oil and Gas Group, the Song Da Corporation and the Viet Nam Machinery Installation Corporation.
The Vietnamese government is also calling for foreign direct investment into the energy-sector to meet the demand for funds for the period from 2008-2010.
Projects with potential for foreign investment include power plants, power from alternative sources including wind, solar, biomass and geothermal, and biofuel projects.
The World Bank, which has recently concluded a concessional-credit agreement for US$202 million with The State Bank of Viet Nam to increase the supply of electricity to the national grid from renewable energy sources, is among the key foreign investors in Vietnam’s power sector.
In addition to developing its power infrastructure and capacity, Vietnam’s government also aims to drive development in energy saving technologies, and exploration, production and processing of coal, oil and gas reserves. Plans are also in the pipeline to step up development of oil refining capacity to reduce imports of petrol and oil.
With Vietnam’s energy sector shifting into a new phase of growth, the 12th VOGP summit will be poised to offer the international energy industry a unique perspective on the latest developments and opportunities in Vietnam.
Those keen on participating or increasing their profile as sponsors can >>CLICK HERE<< or email nadia@cmtsp.com.sg for more information.
23 Jun, 2009