Central Vietnam province to clear sites for LNG projects in May, for operation in 2028
Vietnam’s south-central province of Binh Thuan aims to complete site clearance for major LNG power plant projects by May 15, towards operation in 2028.
Nguyen Hoai Anh, chief of Binh Thuan's Party Committee, made the site clearance requests for three projects, namely Son My I power plant, Son My II power plant, and Son My LNG terminal, at a Monday meeting.
Nguyen Hoai Anh, chief of Binh Thuan's Party Committee, speaks at a meeting in Binh Thuan province, south-central Vietnam, March 17, 2025. Photo courtesy of Binh Thuan news portal.
The 2028 deadline is in line with the government’s request of speeding up the progress of LNG-fired power projects towards completion and operation in 2028, earlier than the deadline specified in the power development plan VIII (PDP VIII).
The $1.34 billion Son My LNG terminal was given an in-principle nod by provincial authorities in 2023. The 3,500-hectare project serves as the storage site for Son My I and Son My II power plants and is set to enter operation in the first quarter of 2027.
So far, local authorities have completed the approval of site clearance for 60.77 out of 69.01 hectares requested for the projects, or 99.06%.
A 70,000 ton LNG tanker. Photo courtesy of PV Gas.
The 2,250 MW Son My II was given in-principle approval by the Ministry of Industry and Trade in 2022 per public-private partnership (PPP) format.
Covering 93.5 hectares, the $2.1 billion project is now finalizing a feasibility study report for submission to the Ministry of Industry and Trade, towards operation in 2028.
The project is invested by the United States-headquartered AES.
The 2,250 MW Son My I received an in-principle nod from the trade ministry in 2021 per build-operate-transfer (BOT) format. Covering 88.3 hectares, the $2.2 billion project is now submitting a feasibility study report to the ministry for approval, towards operation in 2028.
The project is invested by France’s Electricite de France SA (EDF), Japan’s Sojitz and Kyushu Electric Power, and Vietnam’s Pacific Corporation.
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