Chan May LNG Terminal

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Chan May LNG Terminal is a cancelled (inferred 4 y) LNG import terminal in Vietnam.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Chan May LNG Terminal Chan May, Vietnam[1] 16.332683, 108.020046 (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
Chan May LNG Terminal import[1] cancelled (inferred 4 y) – – False –

Table 3: Cost

Name Facility type Cost Total known terminal costs
Chan May LNG Terminal import[1] – –

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
Chan May LNG Terminal import[1] cancelled (inferred 4 y) – – – –[1][1] 2024 (cancelled)

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Chan May LNG Terminal import[1] cancelled (inferred 4 y) Chan May LNG JSC [100%][2] Chan May LNG JSC [100.0%] –

Background

Chan May LNG, a U.S.-Vietnamese joint venture, plans to invest up to $6 billion in a power project in Vietnam as it seeks to cash in on the Southeast Asian country’s rising demand for electricity. Along with the LNG terminal, the project in Thua Thien Hue province will include a 4-gigawatt power plant and LNG storage facilities. Construction of the power plant is scheduled to begin in 2021, so that the first phase of 2.4 GW will be operational from 2024 and the entire plant from 2027. Chan May LNG, which is 60% owned by U.S. investors and 40% by Vietnamese investors, said a number of institutions had shown interest in financing the projects, including U.S. Exim Bank, the U.S. International Development Finance Corp. and the International Finance Corp.[3]

The project received significant opposition from a group of 26 climate organizations.[4] The LNG thermal power station associated with the terminal is not listed in the Power Development Plan 8.[5]

As of July 2024, there have been no project updates in over four years, and the project is presumed to be cancelled.

According to an April 2025 amendment to the Power Development Plan 8, the terminal is among "projects behind on schedule or projects that cannot be implemented," and the project is still considered cancelled.[6] However, a new consortium has proposed an LNG terminal in Chan May, known as Stavian Chan May LNG Terminal.

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 https://www.reuters.com/article/us-vietnam-usa-energy/u-s-vietnam-jv-plans-to-invest-up-to-6-billion-in-lng-power-project-ceo-idUSKCN24N0MF. {{cite web}}: Missing or empty |title= (help)
  2. ↑ https://web.archive.org/web/20221101074000/https://chanmaylng.com/en/. Archived from the original on 2022-11-01. {{cite web}}: Missing or empty |title= (help)
  3. ↑ Khanh Vu, U.S.-Vietnam JV plans to invest up to $6 billion in LNG power project: CEO, Reuters, July 22, 2020
  4. ↑ Basquill, John (2022-09-28). "Campaigners urge IFC to ditch reported backing for Vietnam gas project". gtreview.com.{{cite web}}: CS1 maint: url-status (link)
  5. ↑ xaydungchinhsach.chinhphu.vn. "TOÀN VĂN: Quy hoạch điện VIII". xaydungchinhsach.chinhphu.vn (in Tiếng Việt). Retrieved 2023-07-14.
  6. ↑ https://vepg.vn/wp-content/uploads/2025/06/768_QD-TTg_658055.pdf