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Son My LNG terminal to be built in Vietnam

Son My LNG terminal to be built in Vietnam

Petrovietnam Gas JSC (PV Gas) and The AES Corporation (AES) have joined forces to collaborate on a new liquefied natural gas (LNG) terminal to be located in Binh Thuan Province, South-Central Vietnam.

Following the exchange of a signed joint venture agreement, construction is set to to begin on the 450 TBtu (trillion British thermal units)-capacity terminal. Commercial operations will commence in 2026.

Calling the agreement an ‘important milestone’ for the development of the Son My LNG terminal, David Stone, President, AES Vietnam, said, “The terminal will enable our customers in Vietnam to continue accelerating economic growth by using cleaner, more reliable and more affordable fuel to transform the energy sector.”

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