Vietnam's coal, crude oil imports surge on rising energy demandSunday, November 17,2019
AsemconnectVietnam - Vietnam's coal and crude oil imports surged in the first ten months of this year, government data released on Tuesday showed, highlighting the Southeast Asian country's increasing reliance on imported energy to support its fast-growing economy.
The country's crude oil imports rose 80.6% from a year earlier to 6.8 million tonnes during the period, the department said.
The Ministry of Industry and Trade said in July Vietnam will contend with severe power shortages from 2021 as demand outpaces construction of new plants, with electricity demand expected to exceed supply by 6.6 billion kilowatt hours (kWh) in 2021, and 15 billion kWh in 2023.
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