Vietnam's Sovico signs LNG pact with Jera
The companies plan to supply LNG to gas-based power plants in Vietnam.
Source: naturalgasworld.com
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The companies plan to supply LNG to gas-based power plants in Vietnam.
Samsung C&T will build the Nhon Trach 3 and 4 combined cycle gas turbine power plant in partnership with Vietnamese firm Lilama.
The plant, located in Quang Tri province, will have a power generation capacity of 1.5 GW and run on regasified LNG.
B.Grimm Power intends to invest approximately $200mn in equity at the financial close of the project.
The $2.3bn project will be developed by a consortium of South Korean and Vietnamese companies.