SK E&S and T&T Group research LNG project in Quang Tri

April 16, 2024 | 15:38

(0) user say

A consortium of investors, including South Korea's SK E&S and Vietnam's T&T Group, have made a proposal to research the development of a liquefied natural gas (LNG) project in the central province of Quang Tri.

SK E&S and T&T Group research LNG project in Quang Tri

After reviewing the proposal, Quang Tri Department of Planning and Investment has given approval for the consortium to carry out a feasibility study.

However, Quang Tri authorities will still need to check if the project falls into the provincial master plan as well as National Power Development Plan VIII (PDP8).

In addition, the province is completing procedures to terminate an MoU on the construction of a long-stalled thermal power plant in the province. The MoU was signed by Thailand's EGAT International Co. Ltd and Quang Tri People's Committee.

Following the upcoming termination of the MoU, Quang Tri Department of Planning and Investment has recommended the granting of in-principle approval to the SK E&S and T&T Group consortium.

"According to PDP8, as of June 2024, if the Quang Tri thermal power plant project has not started, it can be switched from coal-fired to LNG power generation," said Pham Quang Minh, director of Quang Tri Economic Zones Management Authority. "The consortium of SK E&S and T&T Group has made a proposal to implement this project if the government approves the conversion from coal-fired to LNG power generation. The investors have also sent a proposal to the prime minister."

The 1,200MW thermal power plant would have covered 450 hectares in Quang Tri. The project, approved in 2013, has yet to be launched, although local authorities and EGAT held a groundbreaking ceremony in 2019.

EVNGENCO2, CSGI partner on hydroelectric project

EVNGENCO2, in partnership with China Southern Power Grid International (CSGI), has put forward a proposition for a pioneering 500-megawatt pumped-storage hydroelectric plant in the central province of Quang Tri.

China's Electric Wind Power to provide turbines for Quang Tri plant

Electric Wind Power, a subsidiary of Shanghai Electric and China's largest onshore wind power equipment manufacturer, announced on February 23 that it has signed a deal to provide its advanced wind turbines to a wind farm in the central province of Quang Tri.

Chinese corporation proposes $2.4 billion power project in Quang Tri

A joint venture between China’s Huadian Group and Vietnam’s Minh Quang Technology has proposed the development of a hydrogen production plant in combination with a 1,200 MW wind farm and an 800 MW solar farm in the central province of Quang Tri, with a total investment of nearly $2.4 billion.

By Thanh Van

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional