Vung Ang LNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Vung Ang LNG Terminal is a proposed LNG import terminal in Vietnam.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Vung Ang LNG Terminal | Kỳ Lợi commune, Kỳ Anh District, Hà Tĩnh Province, Vietnam[1] | 18.09792, 106.38123 (exact) |
The map below shows the exact location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Vung Ang LNG Terminal | import[1] | proposed[2] | – | – | False | Vung Ang power station[1] |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Vung Ang LNG Terminal | import[1] | – | – |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Vung Ang LNG Terminal | import[1] | proposed[2] | 2021[1] | – | – | – | – |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Vung Ang LNG Terminal | import[1] | proposed[2] | unknown[3][1] | unknown | – |
Background
In late June 2021, Ha Tinh People’s Committee submitted a proposal to the Ministry of Industry and Trade to switch the planning of Vung Ang III Power Centre from coal-fielded power to LNG, and to increase the capacity of the centre from 2.4GW to 4.8GW. This requires an LNG import facility, and the construction of the project is expected to be complete by 2026–2027. The capacity was planned to be 2.2 mtpa.[4] The sponsors at this time were understood to be Siemens Energy, KG Electric Power Corporation, and Power Engineering Consulting Joint Stock Company 2 (PECC2).[5][4]
The LNG power station associated with the LNG terminal is listed among projects that are "behind schedule or cannot be implemented" in the Power Development Plan 8.[6] Vung Ang III project is mentioned as part of a coal-fired power capacity by 2030.[6] The project is presumed to be cancelled.
As of March 2024, Vietnam’s Vingroup, T&T Group and Hoanh Son Group, and South Korea’s Samsung Electronics were considering investing in the project, which had previously been given in-principle approval by the Standing Board of the provincial Party Committee. Several of these companies had previously put forth their own proposals, and they are not assumed to be joint investors.[7]
In September 2025, the terminal was green-lit by PetroVietnam. Capacity would be 1–3mtpa in the first phase (2029–2030), with the potential to expand capacity in the second phase (post-2030).[8]
In February 2026, PetroVietnam stated its plans to move forward with the terminal.[9]
In May 2026, B.Grimm Power (Thailand) and PetroVietnam Power Corporation (PV Power) signed a cooperation agreement to develop the Vung Ang III LNG-fired power project, and in June 2026 the Ha Tinh Provincial People's Committee approved the project's investment policy and its investor consortium of PV Power (51%), B.Grimm Power (34%) and Vietnam Machinery Installation Corporation (Lilama). The VND 51.43 trillion (~US$2 billion) project in Hoanh Son ward comprises two 750 MW units on about 51.7 ha of land and 16 ha of sea surface, with unit 1 expected to enter commercial operation in Q1 2031 and unit 2 in Q2 2032.[10][11][12][13]
In April 2026, Vietnam announced that LNG imported through Vung Ang would power LNG power in development at the Quang Trach Power Center.[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
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 https://web.archive.org/web/20221020134550/https://vir.com.vn/investors-proposes-459-billion-vung-ang-iii-plant-85605.html. Archived from the original on 2022-10-20.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 https://theinvestor.vn/many-giants-eye-254-bln-lng-project-in-central-vietnams-ha-tinh-province-d9081.html.
{{cite web}}: Missing or empty|title=(help) - ↑ https://vietnamenergy.vn/vung-ang-3-lng-power-center-attracts-the-investors-27004.html.
{{cite web}}: Missing or empty|title=(help) - ↑ 4.0 4.1 "https://vir.com.vn/investors-proposes-459-billion-vung-ang-iii-plant-85605.html". vir.com.vn. Retrieved 2022-06-29.
{{cite web}}: External link in|title= - ↑ "https://vietnamenergy.vn/vung-ang-3-lng-power-center-attracts-the-investors-27004.html". Vietnam Energy. Retrieved 2022-06-29.
{{cite web}}: External link in|title= - ↑ 6.0 6.1 xaydungchinhsach.chinhphu.vn. "TOÀN VĂN: Quy hoạch điện VIII". xaydungchinhsach.chinhphu.vn (in Tiếng Việt). Retrieved 2023-07-17.
- ↑ theinvestor.vn. "Many giants eye $2.54 bln LNG project in central Vietnam's Ha Tinh province". theinvestor.vn. Retrieved 2024-07-16.
- ↑ "PV Gas green-lighted to build $1 bln LNG terminal in north-central Vietnam". theinvestor.vn. Retrieved 2026-07-10.
- ↑ "https://lngprime.com/asia/petrovietnam-gas-moving-forward-with-plans-to-build-new-lng-terminal/177822/".
{{cite web}}: External link in|title= - ↑ Hà Tĩnh chấp thuận chủ trương đầu tư dự án nhà máy nhiệt điện LNG Vũng Áng III quy mô hơn 51.400 tỷ đồng, Hà Tĩnh Provincial Government.
- ↑ Ha Tinh approves $2bln Vung Ang III LNG power plant project, VnEconomy.
- ↑ PV Power and BGRIMM sign agreement for $2bln LNG power project in Ha Tinh province, VnEconomy.
- ↑ B Grimm Power và PV Power hợp tác phát triển dự án điện LNG Vũng Áng III, Vietnam.vn.
- ↑ "Vietnam moves to cement LNG supply chain as power demand surges - VCCI - Vietnam Chamber of Commerce and Industry". en.vcci.com.vn. Retrieved 2026-07-09.
