The Quang Ninh LNG Power Project is 1,500MW gas fired power project. It is planned in Quang Ninh, Vietnam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2027 and is expected to enter into commercial operation in 2028. Buy the profile here.
Smarter leaders trust GlobalData
Description
The project is being developed by Marubeni, PetroVietnam Power and Tokyo Gas. The project is co-owned by Colavi, Marubeni, PetroVietnam Power and Tokyo Gas, with their respective ownership stake of 25% each.
It is a Thermal power plant.
Development status
The project construction is expected to commence from 2027. Subsequent to that it will enter into commercial operation by 2028.
For more details on Quang Ninh LNG Power Project, buy the profile here.
About Marubeni
Marubeni Corp (Marubeni) is an integrated trading and investment business that operates through its domestic and overseas subsidiaries. The company provides various products and commodities such as marine products, chemicals, energy, metals and minerals, machinery, textiles, forest products and general merchandise, and pulp and paper. It also offers finance, logistics, development and construction services. The company explores transports, stores and markets natural resources. Marubeni provides insurance and reinsurance funds, and Japan real estate investment trust management and property management services, and operates transportation infrastructure projects. It has operations across North America, Central and South America, Europe, Africa, Asia and Oceania. Marubeni is headquartered in Tokyo, Japan.
About PetroVietnam Power
PetroVietnam Power Corp (PV Power), a subsidiary of Vietnam National Oil and Gas Group, is a utility company that generates and distributes electricity. The company produces electricity using crude oil, natural gas, hydro, coal and gas sources. It also offers services that include management, construction and operation of power plants, clean power CDM projects, electric power infrastructure, power generation and trading, consulting and import and export services. PV Power also invests in power projects. The company owns and operates gas and coal-fired thermal, hydropower, and wind power projects in Vietnam. Its project portfolio includes CA MAU 1 Gas Thermal Power Plant, NHON TRACH 1 Gas Thermal Power Plant, Dakdrinh Hydropower Plant, Xekaman Hydropower Plant. PV Power is headquartered in Ha Noi City, Ha Noi, Vietnam.
About Tokyo Gas
Tokyo Gas Co Ltd (Tokyo Gas) is a gas utility that produces, supplies and markets liquefied natural gas (LNG). The company also produces, supplies and sells electricity. It has overseas upstream, midstream and downstream businesses. It provides engineering solutions, gas appliances and gas installation services. It also engages in construction, leasing, and management of land and buildings, information processing service, shipping business, and credit/lease financial services. It offers products and services to customers in residential, commercial, public, medical and industrial sectors and to other gas companies. The company provides its services in the cities of Tokyo, Kanagawa, Saitama, Chiba, Ibaraki, Tochigi and Gunma. Tokyo Gas is headquartered in Minato-Ku, Tokyo, Japan.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
