LNG

In June, US FSRU player, Excelerate Energy signed a term sheet with ITECO Joint Stock Co (ITECO), a Vietnamese-based private development company, to co-develop a greenfield LNG import terminal in Haiphong, Vietnam. 

The Northern Vietnam LNG Terminal (NVLT) is anticipated to have a total import capacity of 1.2 mill tonnes per annum and will be built in two phases.  

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