Quang Ninh province wants 1,500 MW LNG-to-power project operational in 2028-2029

Quang Ninh province in northern Vietnam is striving to resolve legal issues and facilitate the $2.2 billion, 1,500-MW Quang Ninh LNG power plant becoming operational in 2028-2029.

Quang Ninh LNG Power JSC – a consortium comprising PV Power, which a subsidiary of state-owned Petrovietnam, Quang Ninh-based Vietnam Mechanical Assembly JSC (Colavi), and Japanese firms Tokyo Gas and Marubeni – is the project investor.

The project has two turbines of 750 MW each, an LNG jetty capable of hosting ships of 71,500 deadweight tonnages (DWT), two LNG terminals of 100,000 cubic meters each, 3.5 kilometers of pipelines linking the power plant to the LNG terminals, and 30 kilometers of 500 kV power lines connecting to Quang Ninh 500 kV transformer station.

The 60-hectare project features in the country’s latest power development plan VIII (PDP VIII) and is the first LNG-fired power plant in the northern region. It is set to consume 1.1 million tons of fuel a year.

Once operational, it is expected to contribute VND57.7 trillion ($2.43 billion) to the local budget over 25 years and nine billion kWh of electricity to the national grid yearly.

However, to meet requirements of PDP VIII and relevant plans, the project investor must update its investment plans, especially details related to location, water surface area, land area, and deadlines.

Quang Ninh authorities are committed to working with the investors to proceed with administrative procedures.