PVN starts strategy for developing hydrogen and offshore wind power projects – On November 18 in Hanoi, Vietnam Oil and Gas Group (PVN) and the Asian Development Bank (ADB) signed a Memorandum of Understanding (MOU) on building a strategic partnership in 2021 – 2024 years to promote clean and sustainable energy development in Vietnam, as well as support PVN to achieve the green energy transition goal. Specifically, the two sides will cooperate in strategy, a roadmap for green energy transition, carbon capture, use and storage; developing hydrogen industry and offshore wind power projects. Speaking at the ceremony, Mr. Andrew Jeffries – ADB Country Director for Vietnam shared that establishing a partnership to coordinate and cooperate in the activities is interesting for both sides. As a multilateral financial institution and a catalyst organization for global and regional climate funds, ADB commits to support PVN through policy, technical consultations, investment funds, as well as to mobilize co-finance from other financial sources. On behalf of the PVN leaders, Mr. Pham Tien Dung – Deputy General Director of the group expressed his pleasure that PVN is the first unit to establish a partnership with ADB for developing clean and sustainable energy in Vietnam. Mr. Dung […]