Son My LNG Terminal to Son My Electricity Center Gas Pipeline
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The Son My LNG Terminal to Son My Electricity Center Gas Pipeline is a proposed natural gas pipeline in Vietnam.[1]
Location
The pipeline would run from the Son My LNG Terminal to the Son My Electricity Centre in Vietnam.[1]
Project Details
- Operator: PetroVietnam Gas, AES Corporation[2]
- Owner: PetroVietnam Gas, AES Corporation[2]
- Parent Company: PetroVietnam Gas, AES Corporation[2]
- Capacity: 5-11 billion cubic meters per year (bcm/y)[1]
- Length: 10 kilometers[1]
- Diameter: 38-45 inches[1]
- Status: Proposed[1]
- Start year: 2026[3]
- Cost:
- Financing:
- Associated Infrastructure:
Background
In September 2021, AES Corporation and PetroVietnam Gas JSC (PV Gas) signed a joint agreement for the Son My LNG Terminal, representing a total investment of about US$1.4 billion. The companies expect to reach financing of the project by 2022 and commercial operations by 2026.[3]
In October 2020, the Export-Import Bank of the United States and the U.S. Development Finance Corporation presented the project sponsors with a Letter of Interest for a loan of US$3.2 billion to cover the construction costs of both the Son My LNG Terminal and the Son My II power station. Financial close for the project was foreseen for 2021,[4] but in May 2022 it was reported that the project promoters were targeting financial close in 2023.[5]
The Son My LNG Terminal project was granted Investment Approval by the Binh Thuan People’s Committee on July 11, 2023.[6]
In March 2025, it was reported that the latest planned start date for the terminal was the first quarter of 2027 though construction did not appear to be underway.[7]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 Vietnam LNG Sector Update, Allens, accessed December 2, 2020
- ↑ 2.0 2.1 2.2 "Vietnamese, US firms get investment registration certificate for LNG terminal project | Hellenic Shipping News Worldwide". www.hellenicshippingnews.com. Retrieved 2022-07-21.
- ↑ 3.0 3.1 "AES and PV Gas sign joint venture agreement for Son My LNG Terminal". Retrieved 2021-11-01.
{{cite web}}: CS1 maint: url-status (link) - ↑ Linh Pham, AES, PetroVietnam set up joint venture for US$1.4 billion LNG terminal, Hanoi Times, Oct. 29, 2020
- ↑ Vietnamese, US firms get investment registration certificate for LNG terminal project, Hellenic Shipping News, May 16, 2022
- ↑ "AES, PV Gas Receive Investment Approval for Son My LNG Terminal in Vietnam". vietnamnews.vn. Retrieved 2023-07-14.
- ↑ Tri Duc,Central Vietnam province to clear sites for LNG projects in May, for operation in 2028, The Investor, Mar. 18, 2025
