Publication: Vietnam : Framework for Thermal BOT Tenders and Strategy for Gas Coordination and Harmonization with Market Roadmap, Volume 1
Loading...
Date
2009-06-20
ISSN
Published
2009-06-20
Author(s)
Editor(s)
Abstract
The purpose of this Volume 1 report is to explore how development of the gas andelectricity sectors can be better coordinated within this dynamic environment. In particular,this report aims to: Briefly outline the gas resources and developments in Vietnam, and describe the current institutional arrangements for the gas sector and how they relate to overall gas and electricity planning; Identify key gas sector issues as they relate to gas and electricity sector planning in general and BOT electricity generation project development, and in particular identify the development and operating risks for a BOT electricity generation project developer and suggest mitigation measures for these risks ;Suggest mechanisms to improve gas and electricity planning coordination. Present a case study that illustrates some of the gas and electricity planning issues and how these would be addressed if the suggested planning changes were implemented. This assignment has been undertaken during a period of unprecedented change in Vietnam. The electricity sector is part way through the complex process of introducing a market. In global world energy markets, oil prices have risen to USD140/bbl and then dropped to below USD50/bbl in less than a year. In global financial markets, the world isfacing the deepest recession in decades, the banking sector is in turmoil, and theavailability of credit has shrunk dramatically. It is difficult for any planning process to cope with these massive worldwide shifts and fully capture the expected economic impact on a rapidly growing economy such as Vietnam. As a result of these events, some data such as electricity load forecasts and the least-cost ranking of generating plant would likely differ if they were updated. Nonetheless, the fundamental observations and recommendations of this report remain relevant despite (or perhaps because of) the volatility of international markets. And while recent economic volatility complicates planning, it makes it all the more necessary.
Link to Data Set
Citation
“World Bank. 2009. Vietnam : Framework for Thermal BOT Tenders and Strategy for Gas Coordination and Harmonization with Market Roadmap, Volume 1. © World Bank. http://hdl.handle.net/10986/12783 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Regional Gas Trade Projects in Arab Countries, Volumes 1 and 2(Washington, DC, 2013-02)Arab countries hold about 29 percent of the world's proven gas reserves, but every country (except Qatar and Algeria) is short of the gas supply needed to meet its current and projected demand. The rapid growth in gas demand is mostly a consequence of a sharp increase in electricity consumption. Gas trade in the Arab world has been dominated by the objective of exporting gas in the form of liquefied natural gas (LNG) to points in Asia, Europe, and North America. Gas trade within the region is limited to rather small volumes, moved from Algeria to Tunisia and Morocco; from Egypt to Jordan, Syria, and Lebanon; and from Qatar to the United Arab Emirates (UAE) - all through pipelines. The shortage of gas in the Arab countries has become more pronounced, justifying the higher gas prices needed to secure imported gas or to encourage domestic gas production. Such changes in the landscape provide an impetus for the Arab world to optimize the region's gas resources, at least partly on the basis of meeting growing regional demand. The objective of this study is to assist the attempt by: (i) identifying the opportunities for gas trade through cross-border gas pipelines and LNG; (ii) assessing the economic and political aspects of the identified projects; (iii) presenting financing and implementation schemes that utilize the synergy between the public and private sector in project formulation and development; and (iv) reviewing the legal, regulatory, and contractual requirements conducive to regional gas trade. The study focuses on 16 Arab countries situated in the Middle East and North Africa (MENA). Although the MENA region includes some high-income countries (Saudi Arabia, Kuwait, the UAE, Qatar, and others), the emphasis of the study is on the low- and middle-income countries of the region. The study draws upon publicly available information on gas reserves, demand, and supply to carry out an economic analysis of gas trade projects and identify the prospective projects for implementation in the short to medium term.Publication Potential of Energy Integration in Mashreq and Neighboring Countries(Washington, DC, 2010-06-01)The objective of this study is to carry out a country-by-country analysis of the power and gas sector demand and supply picture in order to assess opportunities for regional energy integration in the Mashreq and neighboring countries, and to identify specific interconnection projects that may require support from the World Bank and other international financiers. The study is conducted in the context of the World Bank Arab World Initiative. Although the present study focuses on Mashreq countries, issues of regional integration are intertwined among various Middle East and North Africa (MENA) sub-regions, and Turkey with eventual integration with Europe, so Mashreq is not considered in isolation. There are two other parallel efforts to examine the energy integration potential in the Maghreb and the Gulf Cooperation Council (GCC) countries. In addition, the World Bank and its partners are implementing a major solar power initiative with support from the Clean Technology Fund (CTF) to assist the MENA countries with development of large scale concentrated solar power (CSP) electricity generation capabilities for their own use or for export to other countries. Large scale development of solar power is expected to support and facilitate regional integration among MENA countries and with Europe as well.Publication Vietnam - Gas Sector Development Framework : Final Report(Washington, DC, 2010-01-27)Vietnam's gas sector is at a critical point. Vietnam's gas industry, from the producing field to the end-user, is already a vital component of the nation's energy economy and has the potential for major growth. Successes in the past decade have created a strong prospective demand for gas. However, Vietnam has begun to experience gas shortages. If the gas sector is to meet the rising demand for gas, there are challenges that must be addressed promptly. If certain key decisions are not made soon, these gas shortages can be expected to worsen with potentially serious economic impacts. To achieve its stated objectives for developing national gas resources, Vietnam must seek to create a 'moving train' of projects that will convert gas resources into proven reserves and production. It must also stimulate investment in the development of the requisite pipeline infrastructure as well as incentivize investment in gas consuming loads downstream such as power plants. And this will require gas pricing in consuming sectors (particularly the electricity sector) to be appropriately linked with gas pricing in the upstream gas exploration and production sector. Much remains to be done if Vietnam is to realize the potential it sees in its gas resources. This report proposes a vision, a sector framework and the sketch of a coordinated implementation roadmap for this development.Publication Energizing Economic Growth in Ghana : Making the Power and Petroleum Sectors Rise to the Challenge(Washington, DC, 2013-06)The main objective of this report is to provide the new Government of Ghana with recommendations on the actions needed to improve the performance of Ghana's energy sector. The report focuses on the power and petroleum sectors, taking account of the interdependence between the sectors, and providing recommendations for how they can, together, drive future economic growth. This report aims to highlight the centrality of fixing the problems in the power sector as a path to ensuring that Ghana's economic growth ambitions are not stymied by a lack of electricity. The problems and their solutions are well known; what has been lacking is decisive and timely decision making to break the tendency to adopt reactive measures that often come too late when proactive measures will have led to better outcomes. Demand for gas in the power sector is set to expand rapidly, as new thermal generation capacity is built to meet rapidly growing power demand. However, to ensure successful development of its gas sector, Ghana will need to address a number of important challenges. The paper is organized as follows: chapter one gives introduction; chapter two deals with electricity demand and supply; chapter three deals with resolving generation and transmission bottlenecks; chapter four gives reforms urgently needed in power distribution; chapter five focuses on natural gas sector; and chapter six focuses on upstream oil and gas sector.Publication Harnessing African Natural Gas : A New Opportunity for Africa's Energy Agenda?(World Bank, Washington, DC, 2014-10)Sub-Saharan Africa's persistent power shortages act as a severe constraint on its economic and human development. Over the last several years, a series of major offshore gas discoveries in Mozambique and Tanzania have rekindled interest in expanding the use of natural gas to address the continent's power shortages. Once thought of as a Nigeria-only story, gas-to power in Sub-Saharan Africa is now being considered in a continent-wide context, both as a supplement to Africa's abundant hydropower resources and as a replacement for more carbon intensive coal and liquid fuels. But the concentration of gas resources in just a few countries and the virtual absence of gas transportation infrastructure create economic challenges to the wider adoption of gas as a power generation fuel, particularly in smaller countries that cannot achieve economies of scale in gas production and transportation. As a result, the timeline between the discovery of gas and its commercialization is often measured in decades. This study examines the economic conditions facing policy makers, planners, and commercial actors with a stake in gas-to-power development in Sub-Saharan Africa. It looks at the upstream, midstream, and downstream segments of the gas value chain to identify where the economics align in favor of gas-to-power development and where they do not.
Users also downloaded
Showing related downloaded files
Publication The Journey Ahead(Washington, DC: World Bank, 2024-10-31)The Journey Ahead: Supporting Successful Migration in Europe and Central Asia provides an in-depth analysis of international migration in Europe and Central Asia (ECA) and the implications for policy making. By identifying challenges and opportunities associated with migration in the region, it aims to inform a more nuanced, evidencebased debate on the costs and benefits of cross-border mobility. Using data-driven insights and new analysis, the report shows that migration has been an engine of prosperity and has helped address some of ECA’s demographic and socioeconomic disparities. Yet, migration’s full economic potential remains untapped. The report identifies multiple barriers keeping migration from achieving its full potential. Crucially, it argues that policies in both origin and destination countries can help maximize the development impacts of migration and effectively manage the economic, social, and political costs. Drawing from a wide range of literature, country experiences, and novel analysis, The Journey Ahead presents actionable policy options to enhance the benefits of migration for destination and origin countries and migrants themselves. Some measures can be taken unilaterally by countries, whereas others require close bilateral or regional coordination. The recommendations are tailored to different types of migration— forced displacement as well as high-skilled and low-skilled economic migration—and from the perspectives of both sending and receiving countries. This report serves as a comprehensive resource for governments, development partners, and other stakeholders throughout Europe and Central Asia, where the richness and diversity of migration experiences provide valuable insights for policy makers in other regions of the world.Publication Classroom Assessment to Support Foundational Literacy(Washington, DC: World Bank, 2025-03-21)This document focuses primarily on how classroom assessment activities can measure students’ literacy skills as they progress along a learning trajectory towards reading fluently and with comprehension by the end of primary school grades. The document addresses considerations regarding the design and implementation of early grade reading classroom assessment, provides examples of assessment activities from a variety of countries and contexts, and discusses the importance of incorporating classroom assessment practices into teacher training and professional development opportunities for teachers. The structure of the document is as follows. The first section presents definitions and addresses basic questions on classroom assessment. Section 2 covers the intersection between assessment and early grade reading by discussing how learning assessment can measure early grade reading skills following the reading learning trajectory. Section 3 compares some of the most common early grade literacy assessment tools with respect to the early grade reading skills and developmental phases. Section 4 of the document addresses teacher training considerations in developing, scoring, and using early grade reading assessment. Additional issues in assessing reading skills in the classroom and using assessment results to improve teaching and learning are reviewed in section 5. Throughout the document, country cases are presented to demonstrate how assessment activities can be implemented in the classroom in different contexts.Publication Lebanon Economic Monitor, Fall 2022(Washington, DC, 2022-11)The economy continues to contract, albeit at a somewhat slower pace. Public finances improved in 2021, but only because spending collapsed faster than revenue generation. Testament to the continued atrophy of Lebanon’s economy, the Lebanese Pound continues to depreciate sharply. The sharp deterioration in the currency continues to drive surging inflation, in triple digits since July 2020, impacting the poor and vulnerable the most. An unprecedented institutional vacuum will likely further delay any agreement on crisis resolution and much needed reforms; this includes prior actions as part of the April 2022 International Monetary Fund (IMF) staff-level agreement (SLA). Divergent views among key stakeholders on how to distribute the financial losses remains the main bottleneck for reaching an agreement on a comprehensive reform agenda. Lebanon needs to urgently adopt a domestic, equitable, and comprehensive solution that is predicated on: (i) addressing upfront the balance sheet impairments, (ii) restoring liquidity, and (iii) adhering to sound global practices of bail-in solutions based on a hierarchy of creditors (starting with banks’ shareholders) that protects small depositors.Publication Argentina Country Climate and Development Report(World Bank, Washington, DC, 2022-11)The Argentina Country Climate and Development Report (CCDR) explores opportunities and identifies trade-offs for aligning Argentina’s growth and poverty reduction policies with its commitments on, and its ability to withstand, climate change. It assesses how the country can: reduce its vulnerability to climate shocks through targeted public and private investments and adequation of social protection. The report also shows how Argentina can seize the benefits of a global decarbonization path to sustain a more robust economic growth through further development of Argentina’s potential for renewable energy, energy efficiency actions, the lithium value chain, as well as climate-smart agriculture (and land use) options. Given Argentina’s context, this CCDR focuses on win-win policies and investments, which have large co-benefits or can contribute to raising the country’s growth while helping to adapt the economy, also considering how human capital actions can accompany a just transition.Publication World Development Report 2006(Washington, DC, 2005)This year’s Word Development Report (WDR), the twenty-eighth, looks at the role of equity in the development process. It defines equity in terms of two basic principles. The first is equal opportunities: that a person’s chances in life should be determined by his or her talents and efforts, rather than by pre-determined circumstances such as race, gender, social or family background. The second principle is the avoidance of extreme deprivation in outcomes, particularly in health, education and consumption levels. This principle thus includes the objective of poverty reduction. The report’s main message is that, in the long run, the pursuit of equity and the pursuit of economic prosperity are complementary. In addition to detailed chapters exploring these and related issues, the Report contains selected data from the World Development Indicators 2005‹an appendix of economic and social data for over 200 countries. This Report offers practical insights for policymakers, executives, scholars, and all those with an interest in economic development.