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Steel industry targets energy saving opportunities

The application of waste gas in drying scrap steel as well as the use of compressed natural gas (CNG) to replace fuel oil in steel billet blast furnaces with a capacity of 80 tonne/hour has helped the Southern Steel Company (SSC) reduce energy consumption by 30kWh/tonne of product and fuel costs by VND110,000/tonne.

Vietnam's energy industry is luring foreign investment

The burst of investment activity in the Vietnam energy sector has taken place over a short space of time. In only a few months the government has signed contracts for nuclear reactors, large hydro projects, biomass power stations and solar panel production facilities. Furthermore, Vietnam is said to have significant wind power potential and has already discussed building a liquefied natural gas terminal by 2015.

ONGC in BP talks over Vietnam assets

R.S. Sharma, chairman of the state-owned Oil and Natural Gas Corp, told the Financial Times that he would be in Hanoi on Thursday with Murli Deora, India’s oil minister, to discuss the deal with the Vietnamese authorities and PetroVietnam, the state oil company. He said the matter would also be discussed with David Cameron, the UK prime minister, on his official visit to New Delhi next week.


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