Exxon Mobil’s $5-billion LNG power plant gets green light

By Dat Nguyen   October 3, 2020 | 02:30 pm GMT+7 vnexpressExxon Mobil’s $5-billion LNG power plant gets green lightAn LNG carrier seen at the port of Nakhodka, Russia. Photo by Shutterstock/VladSV.

The northern port city of Hai Phong has given approval to Exxon Mobil to build a liquefied natural gas-fired power plant.

The city People’s Committee said in a recent statement that the $5.09 billion plant will be built in two phases, each with a capacity of 2.25 gigawatts, the first going on stream in 2026-27 and the second three years later.

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