ExxonMobil Hai Phong Energy Pte Ltd, the Hai Phong People’s Committee and the Japanese power generation company JERA have signed a memorandum of understanding (MOU) to work together on a potential integrated ‘LNG-to-power’ project in Hai Phong.
It said: “ExxonMobil, the Hai Phong city government and JERA have agreed to expand on their strong cooperation and exchange of expertise to jointly study natural gas market development opportunities, including LNG import facilities and gas-fired power plants.”
ExxonMobil has submitted an application with a project concept for consideration and potential inclusion in Vietnam’s National Power Development Plan (PDP).
The Hai Phong city government has submitted a letter of recommendation to include power demand with potential locations of power plants and LNG import infrastructure. The project submissions are pending government approvals.
LNG-fuelled power in Hai Phong will provide a more environmentally-friendly alternative to the currently proposed coal projects in the master plan.
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