LNG

Securing project finance and offtake commitments are at the core of an in-principle agreement (AiP), signed between Cong Thanh Thermal Power JSC, Korea’s Doosan Enerbility and the PECC2 construction group for the 4,500 MW Cong Thanh LNG-to-power project. Phase 1 entails a 1.5 GW plant, to be scaled by to 3 GW at a later stage.