Son My Phase III

ProposedVietnam·Regasification (Import)

Project Details

CountryVietnam

LocationBin Thuan

Terminal TypeRegasification (Import)

Rig TypeOnshore

Capacity4 mtpa / 5.4 bcm

Trains—

Start Date01-Jan-2035

Cost (US$bn)—

Origin—

Destination—

OwnersAES Corporation {United States}, PetroVietnam {Vietnam}

Buyers—

Status Notes

December 2025 - The project is owned by PetroVietnam; July 2023 - Chairman of Binh Thuan Provincial People's Committee has approved investment policy of the project; May 2022 - AES and PetroVietnam Gas JSC (PV Gas) were granted an investment registration certificate for the terminal; As per November 2019, Project was approved by government in August 2019

Last reviewed: 12 Feb 2026