Cai Mep LNG Terminal

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Cai Mep LNG Terminal, also known as Hai Linh LNG Terminal, is an operating LNG import terminal in Vietnam.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Cai Mep LNG Terminal Phu Long Island, Vung Tau, Bà Rịa–Vũng Tàu, Vietnam[1] 10.383333, 107.116667 (approximate)

The map below shows the approximate location of the terminal:

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Project Details

Table 2: Infrastructure details

mtpa = million tonnes per year
Name Facility type Status Capacity Total terminal capacity Offshore Associated infrastructure
Cai Mep LNG Terminal import[2][1] operating[3] 3 mtpa[1] 3.0 mtpa False Hiep Phuoc power station[1]

Table 3: Cost

Name Facility type Cost Total known terminal costs
Cai Mep LNG Terminal import[2][1] US$500,000,000[4] US$500,000,000

Financing

No financing data available.

Table 4: Project timeline

FID = Final Investment Decision, used by some developers to indicate a project will move forward
Name Facility type Status Proposal year FID year Construction year Operating year Inactive year
Cai Mep LNG Terminal import[2][1] operating[3] [5] 2025[5][1][3]

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Cai Mep LNG Terminal import[2][1] operating[3] Cai Mep LNG [100%][2] Hai Linh Co Ltd [51.0%]; Nebula Energy LLC [39.2%]; Asiya; JBIC; Osaka Gas Co Ltd Cai Mep LNG[2][1]

Background

Hai Linh LNG Terminal was a proposed LNG terminal in Bà Rịa–Vũng Tàu, Vietnam. It was originally planned for operation in 2012.[6] The project was considered shelved until 2019 when it was reinitiated with help from the U.S. Trade and Development Agency, which finalized a grant agreement with Vietnam Electricity (EVN) to produce a feasibility study to assess the site selection and optimal design for the $1 billion liquefied natural gas (LNG) terminal and gas-to-power project. USTDA’s feasibility study will set the initial parameters for the growth of LNG in the nation while also opening new opportunities for U.S. firms to supply gas infrastructure. This project supports the Trump Administration’s Indo-Pacific vision and its AsiaEDGE initiative – Enhancing Development and Growth through Energy – in which USTDA and its interagency partners are promoting sustainable and secure energy markets throughout the Indo-Pacific region. The grant also supports USTDA’s Gas Infrastructure Exports Initiative, which is advancing gas infrastructure in partner countries by connecting project sponsors to cutting-edge U.S. technologies, equipment and long-term development.[7]

In September 2020 it was reported that construction of the terminal had been completed.[8] Hai Linh Company planned to commissioned the project in Q2 2021.[8]

As of December 2021, the terminal had yet to undergo testing and commissioning.[9]

In March 2024, Nebula's AG&P purchased a 49% stake in the project.[10] The US$500 million project cost[11] for the import terminal is being shared by Hai Linh Company (51%) and AG&P LNG (49%).[12]

In May 2024, Cai Mep LNG said that the terminal had begun commissioning, and was on track to begin operations in September 2024. The terminal will supply gas to Hiep Phuoc power station.[13]

In May 2025, the terminal received its commissioning cargo and began operating.[14]

Articles and Resources

Additional data

To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 https://www.reuters.com/markets/commodities/vietnams-second-lng-terminal-starts-commissioning-phase-operator-says-2024-05-08/. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 2.2 2.3 2.4 2.5 https://web.archive.org/web/20220901062308/https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/061020-vietnams-first-lng-terminal-hai-linh-to-conduct-test-run-late-2020. Archived from the original on 2022-09-01. {{cite web}}: Missing or empty |title= (help)
  3. 3.0 3.1 3.2 3.3 https://www.bairdmaritime.com/shipping/ports/vietnams-second-lng-terminal-receives-commissioning-cargo-from-russia?utm_source=substack&utm_medium=email. {{cite web}}: Missing or empty |title= (help)
  4. https://www.rigzone.com/news/agp_buys_stake_in_vietnam_lng_terminal-11-mar-2024-176027-article/. {{cite web}}: Missing or empty |title= (help)
  5. 5.0 5.1 https://www.spglobal.com/commodity-insights/en/news-research/latest-news/natural-gas/061020-vietnams-first-lng-terminal-hai-linh-to-conduct-test-run-late-2020. {{cite web}}: Missing or empty |title= (help)
  6. Vietnam LNG Terminal, A Barrel Full, accessed April 2017
  7. USTDA Supports Historic LNG Development in Vietnam USTDA, accessed May 2019
  8. 8.0 8.1 Global regasification under construction is expected to hit a 10-year high, LNG Industry, Sep. 3, 2020
  9. Cite error: Invalid <ref> tag; no text was provided for refs named :0
  10. Staff, LNG Prime (2024-03-08). "Nebula's AG&P LNG buys stake in Vietnam's Cai Mep terminal". LNG Prime. Retrieved 2024-07-16.
  11. Cite error: Invalid <ref> tag; no text was provided for refs named Rig
  12. Transaction Data, IJGlobal, Mar. 9, 2024
  13. Cite error: Invalid <ref> tag; no text was provided for refs named :1
  14. Reuters. "Vietnam's second LNG terminal receives commissioning cargo from Russia". Baird Maritime / Work Boat World. Retrieved 2025-08-14. {{cite news}}: |last= has generic name (help)