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Decision No. 60/QD-TTg on approving the Plan for Development of the Gas Industry of Vietnam by 2025 with vision to 2035

2017MitigationPolicyPlanMore details
Sectors: Energy
This Plan aims at making use of clean fuel sources and and contributing to promoting national energy security and reducing greenhouse gas emissions. The development of the gas industry is to be achieved consistently and efficiently through making use of domestic resources and promoting international cooperation. Next to capacity building, it also promotes investments and aims at establishing regulatory policies.

The Plan sets various development objectives for the period 2015 - 2035 in terms of gas production volume; import and and distribution of LNG; and development of gas consuming markets.

The Plan also outlines development pathways across different regions and provides an overview of the portfolio of main investment projects in the gas industry and the investment demand.

In order to achieve its development objectives, the Plan puts forward solutions. These concern:

  • Management structure;
  • Investment;
  • Finance and financing arrangement;
  • Market;
  • Science and technology;
  • Capacity building;
  • Safety, environment and sustainable development;
  • National defence and security.

Main document

Decision No. 60/QD-TTg on approving the Plan for Development of the Gas Industry of Vietnam by 2025 with vision to 2035
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  • Expand capacity of the existing LPG storage units in conjunction with construction of new LPG storage units in order to meet domestic demands expected to reach about 3.5 – 4.0 million tons/year in 2025 and approximately 4.5 – 5.0 million tons/year in 2035Energy · Target year: 2035
  • 2026 – 2035 period: The volume of gas to be consumed in a gas market is 23 – 31 billion m3/yearEnergy · Target year: 2035
  • 2021 – 2025 period: The volume of gas to be consumed in a gas market is 13 – 27 billion m3/yearEnergy · Target year: 2025
  • 2016 – 2020 period: The volume of gas to be consumed in a gas market is 11 – 15 billion m3/yearEnergy · Target year: 2020
  • 2026 – 2035 period: The volume of gas to be received and imported is 6 – 10 billion m3/yearEnergy · Target year: 2035

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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.