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Haiphong LNG-fired Power Plant

Sector: LNG • Location: Haiphong, Vietnam

Source: Reuters

Project
Cancelled

Vingroup planned to build Vietnam's largest LNG-fired power plant in Haiphong with a capacity of 4.8 gigawatts. The first phase of 1.6 GW was slated for completion in 2030. However, due to soaring LNG prices and risks from the Iran war, Vingroup proposed scrapping this plan.

Status
Closed
Sector
LNG, Power Generation (CCGT)
Location
Haiphong, Vietnam
Updated
22 Jul 2026
Source
Reuters

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Project Information

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The project “Haiphong LNG-fired Power Plant” is an infrastructure initiative in the LNG sector, located in Haiphong, Vietnam. Taiyo aggregates data on it from Reuters.

Participants

Not available for this record.

Status

Original status

cancelled

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Vingroup planned to build Vietnam's largest LNG-fired power plant in Haiphong with a capacity of 4.8 gigawatts. The first phase of 1.6 GW was slated for completion in 2030. However, due to soaring LNG prices and risks from the Iran war, Vingroup proposed scrapping this plan.

Original sector

Energy

Location

Country

Vietnam

City

Haiphong

Source

Source

Reuters

URL

More Details

Record type

Project

Sector

LNG, Power Generation (CCGT)

Article published date

2026-04-02

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