Long An Southeast Asia Industrial Park in the southern province of Long An. Photo by Investment Promotion Portal of Long An Province. |
It will be built at the Long An Southeast Asia Industrial Park at a cost of $3 billion, with the 90-hectare facility having two combined-cycle power plants, Long An 1 and 2, with a capacity of 1,500 MW each.
Long An 1 will go on stream in December 2025, and Long An 2, a year later.
Several other LNG power plants have received approval or having feasibility studies done now amid the growing power demand in Vietnam.
Singapore’s Delta Offshore Energy will build a plant in the Mekong Delta province of Bac Lieu in 2024.
The northern port city of Hai Phong has approved construction of a $5.09 billion LNG plant by the U.S.’s Exxon Mobil.