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Long Son Petrochemical Enhancement Project (LSPE)

Sector: LNG • Location: Ho Chi Minh City, Ba Ria-Vung Tau, Vietnam

Source: VOV

Project
Under Construction

The LSPE project is a strategic enhancement of the Long Son Petrochemical Complex with an investment of US$500 million. It involves supplementing ethane into the existing feedstock mix of naphtha and propane to cut operating costs by more than 30%, reduce greenhouse gas emissions, and strengthen long-term competitiveness. Key components include construction of two cryogenic ethane storage tanks, u

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The project “Long Son Petrochemical Enhancement Project (LSPE)” is an infrastructure initiative in the LNG sector, located in Ho Chi Minh City, Ba Ria-Vung Tau, Vietnam. Taiyo aggregates data on it from VOV.

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Participants

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under construction

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Description

Description

The LSPE project is a strategic enhancement of the Long Son Petrochemical Complex with an investment of US$500 million. It involves supplementing ethane into the existing feedstock mix of naphtha and propane to cut operating costs by more than 30%, reduce greenhouse gas emissions, and strengthen long-term competitiveness. Key components include construction of two cryogenic ethane storage tanks, upgrading production facilities to use up to 70% ethane feedstock, and importing one million tonnes of ethane per year from the United States. The project is expected to be completed by 2027.

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High

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100%

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