Project Profile
Value: US$700 Million
Capacity: 1 million tonnes per annum
Startup Year: 2014 (delayed)
The project involves the construction of an LNG receiving terminal and will be built in three phases. The first phase will have a LNG receiving capacity of 1 million tonnes per annum. The second phase will increase the terminals capacity to 3 million tonnes per annum. The third phase will increase capacity to 6 million tonnes per annum. The supplies for the terminal in phase one will be based on a mix of spot and short term sale and purchase contracts possibly from Australia and Qatar. The project has been delayed from its original completion date in 2014. An LNG supply contract is believed to be agreed with Shell, although this has not yet been activated.
Operators:
Petrovietnam Gas Corporation (PV Gas)
Contractor:
DNV (Det Norske Veritas) Vietnam