Northern Vietnam LNG Terminal

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Northern Vietnam LNG Terminal is an LNG import terminal in Vietnam with units that are proposed.

Location

Table 1: Location details

Name Location Coordinates (WGS 84)
Phase 1 Hai Phong, Hai Phong, Vietnam[1] 20.823732, 106.796686 (approximate)
Phase 2 Hai Phong, Hai Phong, Vietnam[1] 20.823732, 106.796686 (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
Phase 1 import[1] proposed[1] 0.7 mtpa[1] 1.2 mtpa False –
Phase 2 import[1] proposed[1] 0.5 mtpa[1] 1.2 mtpa False –

Table 3: Cost

Name Facility type Cost Total known terminal costs
Phase 1 import[1] – –
Phase 2 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
Phase 1 import[1] proposed[1] 2021[1] – – –[1][1] –
Phase 2 import[1] proposed[1] 2021[1] – – – –

Ownership

Table 5: Ownership

Name Facility type Status Owners Parent companies Operator
Phase 1 import[1] proposed[1] ITECO JSC; Excelerate Energy LP[1][1] Excelerate Energy Holdings LLC; Excelerate Energy Inc; ITECO JSC –
Phase 2 import[1] proposed[1] ITECO JSC; Excelerate Energy LP[1][1] Excelerate Energy Holdings LLC; Excelerate Energy Inc; ITECO JSC –

Background

In August 2024, The Investor reported that the US's Excelerate Energy and Vietnam's ITECO JSC, a private industrial company, signed a term sheet to co-develop an LNG terminal in Hai Phong, Vietnam. The project will be built in two phases, with the first 0.7 mtpa phase planned to come online in 2027. The full capacity of the project will be 1.2 mtpa. The project was proposed as early as December 2021, when ITECO signed a share purchase agreement with JAPEX related to developing the facility.[2]

As of August 2026, there was not evidence of progress in the development of the terminal, and it is inferred to be shelved.[1][3]

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. ↑ 1.00 1.01 1.02 1.03 1.04 1.05 1.06 1.07 1.08 1.09 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17 1.18 1.19 1.20 1.21 1.22 1.23 1.24 1.25 1.26 https://theinvestor.vn/uss-excelerate-energy-eyes-lng-terminal-in-northern-vietnam-d11687.html. {{cite web}}: Missing or empty |title= (help)
  2. ↑ theinvestor.vn. "US's Excelerate Energy eyes LNG terminal in northern Vietnam". theinvestor.vn. Retrieved 2024-09-11.
  3. ↑ "https://www.gasworld.com/story/excelerate-energy-to-develop-lng-import-terminal-in-vietnam/2142607.article/". {{cite web}}: External link in |title= (help)CS1 maint: url-status (link)