Vietnam and Lithuania Collaborate on LNG Infrastructure Development
KN Energies and INDEL Corporation have signed a Memorandum of Understanding (MoU) to establish an energy and infrastructure cooperation framework in Vietnam.
The MoU, signed on July 28, aims to explore the development of liquefied natural gas (LNG) infrastructure in Van Phong Economic Zone in Khanh Hoa province and South Phu Yen Economic Zone in Dak Lak province.
KN Energies, a Lithuanian terminal operator with international experience in LNG and energy infrastructure, will collaborate with INDEL Corporation, which has activities across the petroleum, energy, logistics, and infrastructure sectors in Vietnam.
The partnership is expected to bring together KN Energies' global expertise and contribute to the development of future energy infrastructure projects in Vietnam.