PV Gas to supply LNG for 2 southern Vietnam power plants for 25 years
PV Gas, a subsidiary of state-owned energy giant Petrovietnam, has signed a contract to supply LNG as feedstock for the Nhon Trach 3 and Nhon Trach 4 power plants, the first two LNG-fired power plants in Vietnam, for 25 years.
The move followed a contract signed by PV Gas for LNG supply for the two power plants during trial production, PV Gas said in a Sunday statement.
The Nhon Trach 3 and 4 project in the southern province of Dong Nai is the only LNG-fired power project in Vietnam’s power development plan VIII (PDP VIII) that meet the deadline for investment and operation.
Nhon Trach 4 LNG-fired power plant in Dong Nai province, southern Vietnam. Photo courtesy of Lao Dong (Labor) newspaper.
PV Power, another subsidiary of Petrovietnam, is the main investor of the 1,600 MW, $1.4 billion Nhon Trach 3 and Nhon Trach 4 complex. It is expected to provide nine billion kWh of electricity to the national grid annually.
Nhon Trach 3 connected to the national grid on February 5, a major step to help the power factory meet the deadline of reaching commercial operation from July 2025.
Nhon Trach 4 is scheduled to conduct “first-fire” in April 2025 and then enter commercial operation from October 2025.
The two power plants are set to supply 2.4 billion kWh to the national grid in 2025.
The 25-year LNG supply for Nhon Trach 3 and Nhon Trach 4 is a key success for Vietnam in developing LNG-fired power and switching from natural gas to LNG as feedstock for some power plants, PV Gas emphasized.
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