Projects

Bac Lieu LNG

ProposedVietnam·Regasification (Import)

Project Details

CountryVietnam
LocationBac Lieu
Terminal TypeRegasification (Import)
Rig TypeFSRU
Capacity2 mtpa / 2.7 bcm
Trains
Start Date01-Jan-2028
Cost (US$bn)
OriginUnited States
Destination
OwnersDelta Offshore Energy {Singapore}
Buyers

Status Notes

February 2025 - The project is under feasibility study; August 2023 - LNG terminal was initially looking to start up in 2023 but is now targeting a 2028 start-up date; May 2023 - Delta Offshore Energy plans to start building the project in 2024; December 2022 - Delta Offshore Energy is facing difficulties in negotiating power purchase agreement with EVN as the parties have yet to reach a compromise over the selling price of power and the power purchase volume; June 2022 - The project is under planning phase and has not been able to start construction yet; Project is part of USD4.3bn Integrated LNG import terminal and combined - cycle power plant

Last reviewed: 12 Feb 2025