Multi-billion dollar gas-to-power complex officially kicks-off in November

The American petrol giant aims to start the Blue Whale complex in November

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This was announced by the representative of ExxonMobil at a recent working session with Prime Minister Nguyen Xuan Phuc, according to newswire VTV.

Previously, according to a VIR source, the investor expected to start the construction of onshore infrastructure items in October this year.

The group is currently completing the geological survey and building the design of the pipeline installation. Besides, the corporation has carried out the land survey and took soil samples to conduct the environmental impact report.

The investor urged relevant authorities to complete remaining procedures, so that it can implement the project on schedule.

Aiming to affirm its determination to develop the project, on March 26, ExxonMobil and co-investor PetroVietnam as well as leaders of the Quang Nam People’s Committee signed a co-operation agreement to implement the project.

Previously, ExxonMobil and PetroVietnam signed a memorandum of understanding for the project in 2013. The project is believed to have high feasibility thanks to the good reputation of the investor and the readiness of local authorities.

According to the plan, the construction will be implemented in the two provinces of Quang Nam and Quang Ngai. Notably, the landfall location of the gas pipeline stemming from the Blue Whale gas field and the gas processing plant will be located at Chu Lai Open Economic Zone (EZ) in Quang Nam. Besides, four more gas-to-power plants to be fuelled from the same field, with a total generation capacity of 3,000 megawatts, will be divided equally between Quang Nam’s Nui Thanh district and Quang Ngai’s Dung Quat EZ.

ExxonMobil expects to exploit 8-9 billion cubic metres of gas per year, 1-3 billion cubic metres of which will go to Dung Quat Refinery for processing.

The investor expects to connect the first gas line from the Blue Whale gas field to the mainland by the end of 2023.

In the first phase, the exploited gas volume will be used to supply four power plants with a total capacity of 3,000 MW. The gas volume exploited in the second phase will be supplied to petrochemical projects or a fifth power plant with the capacity of 750MW.

Established in 1859, ExxonMobil is an American multinational oil and gas corporation. It ranks sixth among the ten largest companies in the world, with 37 refineries in 21 countries.

The corporation made its presence in Vietnam in 2015 via establishing ExxonMobil Vietnam Co., Ltd., specialising in distributing lubricant and petrochemical products.