DOEPL & GE Host Vietnam Party Delegation
11th April 2019 – Delta Offshore Energy (“DOE”) and its strategic turbine supplier, General Electric (“GE”), hosted a delegation of senior Vietnam government officials during a recent visit to Washington DC.
Led by H.E. Nguyen Van Binh Politburo member cum Chairman of Central Economic Commission of VN Communist Party and H.E. Nguyen Quang Duong, Bac Lieu party Secretary cum Central Committee Member, the delegation was on a fact-finding mission to assess bi-lateral avenues of co-operation on energy policy. For both the United States of America and Vietnam this brought LNG to the forefront of the dialogue.
In their detailed presentation DOE and GE shared on both the use of LNG as a clean source of power as well as the world-leading technology being used. Mr Christian Vandervort, GE Gas Power highlighted that the 9HA technology is currently being incorporated into five other LNG to power projects in Malaysia, Indonesia and Thailand. DOE’s 3000MW facility in Bac Lieu Province, Vietnam would thus be the largest built in the region to date and able to offer the most competitive tariff structure to the grid.
The VN Government delegation also had a very productive series of meetings in Washington DC during this week-long mission. Attendees included Diane Farrell - Deputy Assistant Secretary of Asia, US Department of Commerce International Trade Administration as well as representatives from the Department of State, including Manisha Singh - Assistant Secretary, US Department of State and Alex Dunoye, Vietnam Desk, US Department of State. Both countries clearly agree on the importance of LNG as a strategic energy supply source. As DOE Managing Director of Engineering, Mr Bobby Quintos, observed “Projects such as ours, based in the Mekong Delta, are viewed as being a critical element of the demand equation for LNG in Vietnam. Furthermore, the DOE power facility will have substantial benefits for the future economic development of the broader Delta region.”
The upcoming trip of H.E. Nguyen Phu Trong, The General Party Secretary of the Vietnam Communist Party cum President of Vietnam, to Washington DC to meet with President Trump will be the next major milestone in this evolving dialogue. As part of this Delta Offshore Energy looks forward to remaining at the forefront of the private sector development of LNG to power within Vietnam.