Vietnam seeks 25 year gas sales agreement

September 9, 2020

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Delta Offshore Energy has launched a RFP for a 25 year gas sales agreement. The tender is for delivery of 2.5 – 3.0 MTPA over a 25 year period, on a DES or FOB basis to the offshore LNG regasification facility in Bac Lieu Province. The LNG supplied will be used for the 3.2 GW LNG-to-Power project, which has been approved by the Vietnamese Government and has been included in the national Power Development Plan revision 7. The Bac Lieu LNG facility is expected to start up in 2024.

Edited from Delta Offshore’s press release