24-25 Feb, 2011 - Hanoi, VIETNAM
Sheraton Hanoi Hotel
Sheraton Hanoi Hotel
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13th VOGP conference offers you the chance to evaluate the implications of sweeping changes introduced to promote a more diverse energy mix and assess how the Vietnam Oil, Gas & Power sectors will evolve as the country strives to be less dependent on imports to meet domestic consumption for oil products.
With limited reserves and growing demand for energy, Vietnam is retaining its stability by stepping up production domestically and through bilateral ties and overseas cooperation. The refinery and downstream sector is also evolving as the country strives to be less dependent on imports to meet domestic consumption for oil products.
Attend 13th VOGP to obtain valuable insights on:
Do not delay – Register nowto secure your place! Contact huiyan@cmtsp.com.sg or click on any of links below to obtain details on :
| Featuring the industry’s most prominent speakers and key representatives all under 1 roof, this is the Must-Attend annual platform for regional plus national majors and investors to reflect on as well as assess new changes and challenges in the Vietnam energy industry.
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Who Will You Meet?
Register now and capitalize on the opportunity to listen to our Top Senior Management Speakers representing major corporations below:
The conference agenda also include an evening drinks reception to meet your peers in an informal and unparallel Networking Opportunities 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 |
The 13th Vietnam Oil, Gas, & Power conference, recognized as an industry standard for the global energy sector to critically review Vietnam’s oil, gas and power outlook is all set to take place in less than 2 weeks!
The conference, also well-known for providing a valuable platform for international energy players to network in an informal environment, has attracted a diverse mix of industry players. Here’s a quick round-up of attendees you can expect to meet:
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For enquiries on last-minute registrations or on the program, contact Ms. Huiyan at huiyan@cmtsp.com.sg.
14 Feb, 2011
JVPC reported that Rang Dong field's oil drilling platforms N1 and S1 were put into re-operation on June 6 in combination with the E1 platform, which restarted production to pump oil and produce associated gas, which will be linked to Rang Dong-Bach Ho’s gas pipeline.
The working platforms will contribute to increasing this year's crude oil output of the field to 2.5 million tons, exceeding the set plan of 90,000 tons.
PetroVietnam has recently put a proposal to the Government to permit the operators of Block 15.2 to hold onto areas of the east and the southeast of Rang Dong field for another two years to allow further investment.
In a 2005-10 plan, PetroVietnam expects to raise its oil capacity to between 250 and 300 million tons and find 30 to 32 million tons worth of new oil reserves per year.
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PetroVietnam Exploration & Production (PVEP) will deliver first-hand insights on “Unlocking the Offshore Potential in Vietnam” at the 13th Vietnam OGP.
Dr. Hoang Ngoc Dang, General Manager, Exploration Division will share latest updates Vietnam’s reserves, blocks availability and field developments. Also, he will address the specific challenges and opportunities arising in offshore/deepwater exploration.
The 13th Vietnam OGP is due to commence during 24-25 February 2011 in Hanoi. Registrations for the conference are still open. For registration or program enquiries, do contact Ms. Huiyan at huiyan@cmtsp.com.sg.
25 Jan, 2011
Viet Nam will have to import up to 17 billion tonnes of gas for domestic use annually after 2025 despite its sizeable reserves of natural gas, a senior official has said.
The gas sector is facing multiple challenges, including greater demand for gas and a potential gas shortage, which may become worse if a few key decisions for change are not made soon, the report says.
“Development of the natural gas sector is a key component of Viet Nam’s overall economic policy and is prominent within the National Strategy for Energy Development,” said Alain Barbu, Acting World Bank Country Director for Viet Nam.
According to the report, Viet Nam’s gas sector has tremendous potential that can be realised by 2025 with concerted and coordinated efforts by public agencies and their private partners.
(Source: Vietnam Business News, Nov 13, 2010)
According to the World Bank report, the natural gas sector is set to triple in size over the next 15 years. Vietnam must look to development of her untapped gas potential in order to remain competitive in the gas market.
Top energy experts will gather at the 13th VOGP in Hanoi on 24-25 February 2011 to provide latest updates on the country’s gas trade and market overview. Topics will touch on offshore exploration opportunities, developments under Master Plan VI, prospects for biofuel and more.
Click here for program agenda, or submit any questions to huiyan@cmtsp.com.sg now.
24 Dec, 2010
Under the plan on biofuel development to 2015 with a vision to 2025, Vietnam will produce 1.8 million tons of ethanol and vegetable oils for use as fuel annually, meeting 5 percent of domestic petrol and diesel demand in the next 15 years.
There are about four million hectares of deforested hill country in Vietnam – including more than half the Central Highlands – which are considered to be suitable for growing jatropha curcas, the crop that many countries use for biofuel.
By the end of 2011, Vietnam will have five biofuels plants with a total capital of 365,000 tons of ethanol, which, mixed with gasoline, will yield 7.3 million tons of E5 petrol.
The legal framework for biofuel production and trading in Vietnam is nearly complete.
Biofuel has been designated a key industry and biofuel production projects enjoy the highest level of investment incentives.
http://www.commodityonline.com/news/Vietnam-joins-race-for-biofuel-32124-3-1.html
In light of this, the 13th VOGP has invited Vietnam Biomass, J.S.C. to include a Case Study on “Vietnam’s Sustainable Biofuel Developments & Investment Climate”.
Those keen to gain access to timely sessions covering a wide array of issues on Vietnam’s Oil, Gas & Power industry, can complete the >>online registration form<< or contact Nadia at nadia@cmtsp.com.sg now.
11 Oct, 2010
Vietnam may have to import around three billion cubic meters of gas a year in order to feed increasing domestic demand for electricity production, industries and cooking gas by 2015, an official said at a seminar in Ho Chi Minh City on September 8.
Do Van Hau, deputy general director of PetroVietnam Gas Corp (PV Gas) – a major gas producer in Vietnam, was cited by the Thoi bao Kinh te Sai Gon online newspaper as saying that the nation would need up to 17 billion cubic meters of gas a year by 2015 but PV Gas is forecast to supply only 14 billion cubic meters per annum.
Source: Vietnam Business News , 14 September 2010
At the 13th VOGP rescheduled to 24-25 February 2011 in Hanoi, delegates can expect first-hand facts and latest update on what the national gas company, PetroVietnam Gas Corporation, has planned to develop the nation’s gas sector to meet increasing domestic demand. A key executive from Petrovietnam Gas Corporation will share relevant details in his presentation on:
“Vietnam’s Gas Trade & Market Overview”
- Pricing structure & trends
- New gas field developments - how will it impact supply/demand balance
- Overcoming infrastructure & distribution network
Those who are keen to participate in the conference can email nadia@cmtsp.com.sg or view more details here.
20 Sep, 2010
"The Vietnam Energy Association has sent to the prime minister a petition to increase the electricity price to 8 US cents a kWh from the current 5 cents, and to eliminate the progressive price list.
The government is also recommended to raise prices of gas and coal used to produce electric power. The power price increase is expected to boost foreign investment into the energy industry, as the current low power price is not attractive to foreign investors, making it hard to raise foreign funds for developing power projects."
Source : Vietnam Business News 26 Aug 2010
For power companies who are expanding their operations overseas, now is the time to seek out new opportunities in Vietnam. The Vietnam Government is looking into several initiatives to encourage foreign investments into their power sector due to the power shortage in the country.
To find out how to take part in these power developments, and hear what LEADCO Legal Counsel has to share on "Power Sector Reforms and Changes Taking Place under Master Plan VI", make plans to attend the 13th Vietnam OGPthis 28-29 October (rescheduled to 24-25 February 2011) for details on the new investment opportunities in Master Plan VII but also access to other power producers who are bidding their way to opportunities in Vietnam’s power developments.
01 Sep, 2010
Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces the spud of the Tom Su Lua-1X ('DBSCL01-TSL-1X') exploration well in Block DBSCL-01, in the Vinh Chau Graben system, offshore southern Vietnam.
James Menzies, Chief Executive of Salamander, said:
'The Vinh Chau Graben is a virgin basin that is estimated to contain several hundred million barrels of prospective oil resources. Tom Su Lua-1X is the first in a series of wells that Salamander will operate in the basin in order to explore its oil potential.'
Salamander Energy Plc, a U.K.-based explorer, plans to begin drilling next year in northern Vietnam, seeking to open a new region to production that may allow the country to reverse a decline in oil output.
“There’s an emerging oil play” in the north, Salamander Chief Executive Officer James Menzies said by telephone yesterday from London. “On the Chinese side of the area there’s a field that’s been producing for a long time,” while Petroliam Nasional Bhd. has also made “small discoveries” nearby.
Joining the 13th VOGP in Hanoi from 28-29 October, 2010 ( rescheduled to 24-25 February 2011) is Salamander Energy, that not only explores the oil potential in Southern Vietnam¸ but also plan to open a new region to production in Northern Vietnam next year.
In light of their bid in the North, Salamander Energy will share the Strategies & Investment plan in exploring opportunities in North Vietnam at the 13th VOGP where .
Regional and national majors and investors to assess new changes and challenges in the energy stream in Vietnam.
Click here to take a look at our programme line-up or email nadia@cmtsp.com.sg for more details!
12 Aug, 2010
World Bank Group member IFC and Statkraft Norfund Power Invest AS (SN Power) have agreed to develop renewable energy alternatives to fix the gaps in Viet Nam’s electricity demand.
“This partnership with IFC will allow SN Power to achieve synergy by finding viable hydropower projects that we can develop and operate sustainably,” Erik Knive, SN Power’s Executive Vice President for Southeast Asia, said.
http://vietnambusiness.asia/ifc-to-finance-sustainable-renewable-energy-projects/
Given their joint development, which will see the partners acquire operating assets and invest in greenfield projects to build up a portfolio of renewable energy investments to help meet growing power demand in Vietnam, CMT is proud and honored to have one of the partners, SN Power, as speaking panelist at the 13th VOGP meet.
In his presentation on 'Opportunities in renewable energy in Vietnam and creating the optimal investment climate’, Mr. Erik Knive, the Executive Vice President at SN Power Holding Singapore Pte. Ltd. will be touching on:
- key investment criteria
- current roadblocks and challenges
- market outlook
Those looking for more details and/or keen on attending the conference in Hanoi can write to Nadia at nadia@cmtsp.com.sg.
28 Jul, 2010
Petrolimex, Vietnam's top oil product importer, is now holding an estimated 60 percent of the domestic petrol market.
Petrolimex operates 1,800 pump stations and 65 oil depots nationwide.
According to Reuters, Vietnam relies almost entirely on oil-product imports as it lacks oil refineries.
The country's first refinery, the 140,000-barrels-per-day Dung Quat plant, which has started operations since February 2009, is expected to meet about 40 percent of domestic demand for refined oil products.
No foreign firms operate pump stations in Vietnam although the government has promised to allow foreign investors in the second refinery, Nghi Son, to participate in the retail market before the refinery is completed in 2013, Reuters reported. ~ VietnewsOnline.vn 5 Jan 2010
CMT is delighted to welcome Vietnam National Petroleum Corporation (Petrolimex) to speak at 13th Vietnam OGP on 28 – 29 Oct 2010 (rescheduled to 24-25 February 2011) in Hanoi. Our invited speaker Mr Bui Ngoc Bao, Chairman & President of Petrolimex will be presenting on the topic “State of Retail Business – Will Vietnam Move towards a Deregulated Environment?”
Foreign investors seeking his expert knowledge on Vietnam’s current position and its future plans in the oil retail business, are expected to attend this October event in Hanoi.
08 Jul, 2010
CAN THO — A major transmission line and transformer station costing US$81 million have finally come on line to improve connection between the southwest power system and the national grid.
The O Mon 500kV transformer station with the capacity of 450MVA and the 500kV power transmission line between Nha Be and O Mon were launched in Can Tho on Wednesday.
Their other task is to transmit the electricity produced by Ca Mau and O Mon thermoelectric power plants, with capacities of 1,500MW and 660MW, respectively, into the national grid.
The power transmission line passes through HCM City and five localities in the Mekong Delta, including Can Tho, Long An, Tien Giang, Vinh Long and Dong Thap.
Southern electrical project management board director Nguyen Tien Hai said that within five years, the O Mon transformer station capacity would be doubled and the total electricity through O Mon-Nha Be from now until 2020 would be about 45.3 billion kWh.
On the same day, the National Power Transmission Company successfully kicked off the 220kV transmission line between Hai Phong and Dinh Vu, which would transmit electricity from the 300MW Hai Phong thermoelectric power plant into the national grid to enhance its reliability, particularly in the northeast.
The company said the new projects would help reduce electricity shortages over the dry season.
http://vietnamnews.vnanet.vn/Industries/198731/Major-power-projects-go-on-line.html
CMT's 13th Vietnam OGP meet is set to present more on the plans for efficient power transmission for Vietnam which will be presented by National Power Transmission.
Those in the power business, would want to attend this session to learn to participate in their project plans to increase reliability of transmission and distribution. For more information on other topics and speakers contributing at this event, one can email to nadia@cmtsp.com.sg
*Photo courtesy of: VNA/VNS Photo Ngoc Ha
24 Jun, 2010
Vietnam’s growing energy sector presents a huge investment potential in 2010 as evidenced by key headlines over the past 30 days!
“The National Oil and Gas Group (PetroVietnam) notched up total revenues of nearly US$5 billion in the first quarter of this year, an impressive growth of 76 percent compared with the same period last year.” ~VOV News, 7 April 2010
“Oil giant Saudi Arabia and Vietnam inked pacts late Saturday that will pave the way for increased cooperation in the oil and gas sectors, including possible Saudi investment in Vietnamese refineries.” ~AFP, 10 April 2010
“Pham Khanh Toan, Director of the Institute of Energy, Vietnam Ministry of Industry and Trade, stated that the government of Vietnam had adopted a policy to construct eight 1,000 MW class nuclear power reactors at two sites by 2030.” ~The Denki Shimbun, 23 April 2010
“Vietnam aims to cut its energy bill by 20-30 percent in the next ten years, and invites businesses to invest in renewable energy projects. Green and renewable energy is expected to account for 9-10 percent of total energy use in the country...” ~ Than Nien Daily, 22 April 2010
Wish to meet Investors and Vietnamese regulators to explore opportunities in Vietnam’s energy sector? Then make plans to attend the 13th VOGP conference in Hanoi!
13th VOGP is part of CMT’s highly successful Vietnam Oil Gas & Power summit series, which is attended by the world’s key energy investors looking for information on what is shaping Vietnam’s upstream and downstream oil and gas sector, as well as progress in the power sector.
This year’s conference will focus on the “Next phase of Incentives to Attract Investors in the Energy Sector” and look at the latest developments and challenges facing Vietnam’s future.
Those who are keen to participate can pre-register at the link below. There are also Sponsorship and Media Exchange options available for companies looking to get the most out of their marketing dollars! Send us your enquiries at nadia@cmtsp.com.sg.
10 May, 2010
Vietnam’s growing energy sector presents a huge investment potential in 2010, with major opportunities available in refining, nuclear power and renewable energy. 13th VOGP offers venue to hear from vietnamese regulators & decision makers. >>Find out more here<<
10 May, 2010
