World Bank2013-03-152013-03-152009-06-20https://hdl.handle.net/10986/12783The 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.en-USCC BY 3.0 IGOALTERNATIVE FUELALTERNATIVE FUELSALTERNATIVE USESAPPROACHASSOCIATED GASAVAILABILITYBALANCEBASINSBIDDINGCAPACITY FACTORCARBONCARBON DIOXIDECO2COALCOAL PLANTCOGENERATIONCOMMERCIALIZATIONCOMPETITIVE PRICESCONCESSIONCONSTRUCTIONDEMAND FOR ENERGYDEMAND FOR GASDEMAND FORECASTDEMAND GROWTHDISTRIBUTION COMPANIESDISTRIBUTION NETWORKSDISTRIBUTION OF GASDISTRIBUTION SYSTEMSDOMESTIC FUELDOMESTIC GASDOMESTIC MARKETDRY GASEIELECTRIC POWERELECTRICITYELECTRICITY COMPANYELECTRICITY GENERATIONELECTRICITY INDUSTRYELECTRICITY PRICEELECTRICITY PRICESELECTRICITY SALESELECTRICITY SECTOREND-USEEND-USERSENERGY CONSERVATIONENERGY CONVERSIONENERGY DEVELOPMENTENERGY INDUSTRYENERGY MANAGEMENTENERGY MARKETENERGY MARKETSENERGY PLANNINGENERGY PRICESENERGY PRICINGENERGY RESOURCESENERGY SECURITYENERGY STRATEGYENERGY TECHNOLOGIESEVALUATED PRICEEXPENDITUREEXPLORATION WORKEXTRACTIONFEASIBILITY STUDIESFEASIBILITY STUDYFIELD DEVELOPMENT PLANFINANCIAL MARKETSFOREIGN EXCHANGEFORWARD PRICEFUELFUEL COSTFUEL COSTSFUEL OILFUEL PRICEFUEL PRICESFUEL PRICINGFUEL SUPPLYFUEL USEFUELSGASGAS AND ELECTRICITYGAS COMPANIESGAS COMPANYGAS CONSUMPTIONGAS CONTRACTGAS DEMANDGAS DEVELOPMENTGAS DISCOVERIESGAS EXPLORATIONGAS FIELDGAS FIELD DEVELOPMENTGAS FIELDSGAS FLOWGAS INDUSTRIESGAS INDUSTRYGAS INDUSTRY RESTRUCTURINGGAS INFRASTRUCTUREGAS LAWGAS LEGISLATIONGAS MARKETGAS MARKETSGAS PIPELINEGAS PIPELINESGAS PLANNINGGAS PLANTGAS PRICEGAS PRICESGAS PRICINGGAS PROCESSINGGAS PROCESSING FACILITIESGAS PRODUCERGAS PRODUCERSGAS PRODUCTIONGAS QUALITYGAS RESERVESGAS SALEGAS SALESGAS SECTORGAS SECTOR PLANNINGGAS SECTORSGAS SUPPLIESGAS SUPPLYGAS SYSTEMGAS TRANSMISSIONGAS TRANSMISSION COMPANYGAS TREATMENTGAS TURBINEGAS USERSGENERATIONGENERATION CAPACITYHEATHEAT RATEHIGHER GASINDUSTRIAL SECTORINTERNATIONAL MARKETSINTERNATIONAL TRADEKILOWATT-HOURLDCLIQUEFIED PETROLEUM GASLNGMARGINAL COSTMARKET CONDITIONSMARKET DEVELOPMENTMARKET INTEGRATIONMARKET PLANNINGMARKET PRICEMARKET PRICESMARKET RISKMARKET RISKSMONOPOLYNATIONAL ENERGYNATIONAL GASNATIONAL OILNATIONAL TRANSMISSIONNATIONAL TRANSMISSION SYSTEMNATURAL GASNATURAL GAS RESOURCESNATURAL RESOURCESNEW PLANTSOFFSHORE OILOFFSHORE PETROLEUMOIL AND GASOIL AND GAS SECTOROIL FIELDOIL FIELDSOIL INDUSTRYOIL PRICESOIL PRODUCTIONONSHORE FACILITIESPEAK DEMANDPEAK DEMAND PERIODSPETROCHEMICALSPETROLEUMPETROLEUM GASPETROLEUM LAWPETROLEUM RESERVESPIPEPIPELINEPIPELINE CAPACITYPIPELINE LINKINGPIPELINE SYSTEMPLANT OUTPUTPOWERPOWER COMPANYPOWER CORPORATIONPOWER DEMANDPOWER GENERATORSPOWER INDUSTRYPOWER PLANTPOWER PLANTSPOWER PRODUCERPOWER PRODUCERSPOWER SECTORPOWER STATIONPOWER STATIONSPOWER SYSTEMPRICE CURVEPRICE MECHANISMPRICE OF ELECTRICITYPRICE OF MEDIUM FUEL OILPRICE OF POWERPRIVATE SECTORPROCESS GASPRODUCTION SHARING CONTRACTSPURCHASINGRETAILRETAIL COMPETITIONRETAIL PRICERETAIL PRICESRETAILINGSALESALES AGREEMENTSPOT MARKETTHERMAL POWERTHERMAL POWER GENERATIONTHERMAL UNITTRANSMISSION SYSTEMVOLATILE INTERNATIONALVOLATILITYWELLSWHOLESALE PRICEWHOLESALERWORLD ENERGYWORLD ENERGY MARKETSWorld Bank10.1596/12783