By Dat Nguyen November 23, 2020 | 10:50 am GMT+7 vnexpress
An LNG tanker passes by the Strait of Singapore. Photo by Shutterstock/Igor Grochev.Several foreign and domestic companies have expressed interest in building multibillion-dollar liquefied natural gas power and storage plants in the central province of Khanh Hoa.
Four foreign firms, Millennium Group of the U.S., Sumitomo Corporation and J-Power of Japan and a venture between Vietnam’s Embark United and the U.S.’s Quantum, want to build plants in the Van Phong Economic Zone, province authorities said in a recent statement.
Millennium wants to build a 9,600-MW power plant and storage complex at a cost of $15 billion.
J-Power, which has been in the energy sector for 60 years, is eyeing a 3,000-MW, $3.2-billion plant that will be commissioned by 2025.
Embark-Quantum seek to build a 6,000-MW plant and storage complex on 300 hectares.
Several Vietnamese companies have also expressed interest in building LNG power and storage projects in the economic zone.
National utility Vietnam Electricity (EVN) has proposed a 6,000-MW plant, while the Vietnam National Petroleum Group (Petrolimex) has proposed an LNG storage complex with a capacity of three million tons a year.
A joint venture between four Vietnamese companies has sought to build a 1,500-MW plant.
Khanh Hoa authorities said they have earmarked 1,000 ha of land in the economic for LNG projects, and plan to ask the Ministry of Industry and Trade to add it to the national power plan for 2021-2030.
Vietnam’s government is drafting a new national power development plan for the next decade that will include 22 LNG power plants with a combined capacity of up to 108.5 GW, the first of which will be commissioned in 2023.Related News:
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I am an attorney in the Washington DC area, with a Doctor of Law in the US, attended the master program at the National School of Administration of Việt Nam, and graduated from Sài Gòn University Law School. I aso studied philosophy at the School of Letters in Sài Gòn.
I have worked as an anti-trust attorney for Federal Trade Commission and a litigator for a fortune-100 telecom company in Washington DC. I have taught law courses for legal professionals in Việt Nam and still counsel VN government agencies on legal matters. I have founded and managed businesses for me and my family, both law and non-law.
I have published many articles on national newspapers and radio stations in Việt Nam.
In 1989 I was one of the founding members of US-VN Trade Council, working to re-establish US-VN relationship.
Since the early 90's, I have established and managed VNFORUM and VNBIZ forum on VN-related matters; these forums are the subject of a PhD thesis by Dr. Caroline Valverde at UC-Berkeley and her book Transnationalizing Viet Nam.
I translate poetry and my translation of "A Request at Đồng Lộc Cemetery" is now engraved on a stone memorial at Đồng Lộc National Shrine in VN.
I study and teach the Bible and Buddhism. In 2009 I founded and still manage dotchuoinon.com on positive thinking and two other blogs on Buddhism. In 2015 a group of friends and I founded website CVD - Conversations on Vietnam Development (cvdvn.net).
I study the art of leadership with many friends who are religious, business and government leaders from many countries.
In October 2011 Phu Nu Publishing House in Hanoi published my book "Positive Thinking to Change Your Life", in Vietnamese (TƯ DUY TÍCH CỰC Thay Đổi Cuộc Sống).
In December 2013 Phu Nu Publishing House published my book "10 Core Values for Success".
I practice Jiu Jitsu and Tai Chi for health, and play guitar as a hobby, usually accompanying my wife Trần Lê Túy Phượng, aka singer Linh Phượng.
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