MOL is one of the largest transportation companies in Tokyo, Japan and is also one of the largest providers of LNG carriers in the world. Currently, MOL is managing their LNG transport fleets through 6 companies worldwide (in Japan, UK, Hong Kong - China, Indonesia, Oman and Algeria).
According to Mr. Junichiro Ikeda, MOL is looking forward to building up a long-term partnership with EVN in supplying energy products, especially LNG. In addition, MOL is also ready to share many experiences and technologies with EVN in developing port infrastructure facilities and LNG storage, etc.
Mr. Dang Huy Cuong - Member of EVN Member Board discussing with the delegation of MOL (right). Photo: Huy P.
Discussing with MOL about the energy situation in Vietnam, Mr. Dang Huy Cuong said, Vietnam has been strongly developing renewable energy sources with the desire to reduce the use of fossil fuels. However, the increase in proportion of solar, wind power, etc., has also caused many challenges in maintaining a reliable and efficient national electricity system. In this context, Vietnam is focusing on researching the use of liquefied natural gas (LNG) as well as developing power centers using LNG for power production.
It is expected that EVN shall successfully import LNG from 2021 to prepare for the operation of LNG power plants in 2022 and 2023.