Tokyo Gas establishes LNG-to-power project in Vietnam
This is Tokyo Gas’ second liquefied natural gas (LNG)-to-power project in Vietnam.
29 January 2024
29 January 2024
This is Tokyo Gas’ second liquefied natural gas (LNG)-to-power project in Vietnam.
Investment bank Jefferies Financial Group has been appointed to oversee the sale process, which is expected to commence later in 2024.
The Wesseling site's hydrocracker unit will be repurposed to produce Group III base oils, which are primarily used in engines.
The current pause will not affect exports that have already been authorised, nor will it impact the US' ability to supply allies.
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