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November 16, 2021updated 17 Nov 2021 12:53pm

Haiphong LNG Power Plant, Vietnam

By Carmen

The Haiphong LNG Power Plant is 4,500MW gas fired power project. It is planned in Hai Phong, Vietnam. The project is currently in permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2027.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 4,500 4,500 Permitting Hai Phong, Vietnam Exxon Mobil

Description

The project is being developed and currently owned by Exxon Mobil.

It is a gas turbine power plant.

The project cost is expected to be around $5,090m.

Development Status

The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.

About Exxon Mobil

Exxon Mobil Corp (ExxonMobil) is an integrated oil and gas company that discovers, explores for, develops and produces crude oil, natural gas and natural gas liquids. It carries out the refining of crude oil; produces, transports, trades and sells petroleum products; and manufactures lube basestocks and finished lubricants. The company also manufactures and markets commodity petrochemicals including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. It operates through a network of manufacturing plants, transportation systems, and distribution centers. The company has operational presence in North America, Latin America, Asia Pacific, Europe, the Middle East and Africa. ExxonMobil is headquartered in Irving, Texas, the US.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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