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Hai Phong LNG Power Plant

Sector: LNG • Location: Hai Phong, Vietnam

Source: Dialogue Earth

Project
Proposed Then Scrapped

A planned 4.8 GW liquefied natural gas (LNG) power plant in the northern industrial hub of Hai Phong, Vietnam, initially slated to be the country's largest LNG power plant with an estimated cost of USD 6.7 billion. The project was expected to help Vietnam reach its goal of 22.5 GW LNG capacity by 2030 but was proposed to be scrapped by developer VinGroup due to high fuel prices and foreign exchang

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The project “Hai Phong LNG Power Plant” is an infrastructure initiative in the LNG sector, located in Hai Phong, Vietnam. Taiyo aggregates data on it from Dialogue Earth.

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proposed then scrapped

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Description

Description

A planned 4.8 GW liquefied natural gas (LNG) power plant in the northern industrial hub of Hai Phong, Vietnam, initially slated to be the country's largest LNG power plant with an estimated cost of USD 6.7 billion. The project was expected to help Vietnam reach its goal of 22.5 GW LNG capacity by 2030 but was proposed to be scrapped by developer VinGroup due to high fuel prices and foreign exchange pressures. VinGroup proposed replacing it with a hybrid renewable energy project paired with a battery energy storage system.

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Source

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