Cai Mep LNG Terminal

From Global Energy Monitor
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.
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Cai Mep LNG Terminal, also known as Hai Linh LNG Terminal, is a liquefied natural gas (LNG) import terminal under construction in Vietnam.[1]

Location

The terminal is located in Phu Long Island off Vung Tau Bà Rịa–Vũng Tàu.

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Project details

  • Operator: Cai Mep LNG (Hai Linh Co Ltd (51%), AG&P LNG (49%))[1][2]
  • Owner: Cai Mep LNG (Hai Linh Co Ltd (51%), AG&P LNG (49%))[1][2]
  • Parent company: Hai Linh Co Ltd (51%), Nebula Energy (49%)[2]
  • Location: Bà Rịa–Vũng Tàu, Vietnam
  • Coordinates: 10.383333,107.116667 (approximate)
  • Capacity: 3 mtpa[1]
    • Formerly 1.5 mtpa[3]
  • Status: Construction[4]
  • Type: Import[2]
  • Start year: 2024[5]
    • Formerly 2021[6]
  • Associated Infrastructure: Hiep Phuoc power station

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

Hai Linh LNG Terminal was a proposed LNG terminal in Bà Rịa–Vũng Tàu, Vietnam. It was originally planned for operation in 2012.[7] The project was considered shelved until 2019 when it was reinitiated with help from the U.S. Trade and Development Agency, which finalized a grant agreement with Vietnam Electricity (EVN) to produce a feasibility study to assess the site selection and optimal design for the $1 billion liquefied natural gas (LNG) terminal and gas-to-power project. USTDA’s feasibility study will set the initial parameters for the growth of LNG in the nation while also opening new opportunities for U.S. firms to supply gas infrastructure. This project supports the Trump Administration’s Indo-Pacific vision and its AsiaEDGE initiative – Enhancing Development and Growth through Energy – in which USTDA and its interagency partners are promoting sustainable and secure energy markets throughout the Indo-Pacific region. The grant also supports USTDA’s Gas Infrastructure Exports Initiative, which is advancing gas infrastructure in partner countries by connecting project sponsors to cutting-edge U.S. technologies, equipment and long-term development.[8]

In September 2020 it was reported that construction of the terminal had been completed.[6] Hai Linh Company planned to commissioned the project in Q2 2021.[6]

As of December 2021, the terminal had yet to undergo testing and commissioning.[4]

In March 2024, Nebula's AG&P purchased a 49% stake in the project.[9]

In May 2024, Cai Mep LNG said that the terminal had begun commissioning, and was on track to begin operations in September. The terminal will supply gas to Hiep Phuoc power station.[1]

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 1.4 Reuters. Vietnam's second LNG terminal starts commissioning phase, operator says. May 8, 2024.
  2. 2.0 2.1 2.2 2.3 Eric Yep, Vietnam's first LNG terminal Hai Linh to conduct test run late 2020 S&P Global, June 20, 2020
  3. "Latest Reports and Analysis". www.fgenergy.com. Retrieved 2022-07-26.
  4. 4.0 4.1 "The Future of LNG in Vietnam After COP26". Retrieved 2022-07-26.
  5. IGU. 2024 World LNG Report. June 2024.
  6. 6.0 6.1 6.2 Global regasification under construction is expected to hit a 10-year high, LNG Industry, Sep. 3, 2020
  7. Vietnam LNG Terminal, A Barrel Full, accessed April 2017
  8. USTDA Supports Historic LNG Development in Vietnam USTDA, accessed May 2019
  9. Staff, LNG Prime (2024-03-08). "Nebula's AG&P LNG buys stake in Vietnam's Cai Mep terminal". LNG Prime. Retrieved 2024-07-16.