Quang Tri urges $2.35 billion Hai Lang LNG power centre

At a working session on November 17 with the project’s investor, the permanent vice chairman of the provincial People's Committee Ha Sy Dong listened to the project’s process.

According to the investor report, the land clearance of Hai Lang LNG is behind plan due to many issues. The revoked land area is vast, requiring many households to be resettled. It is a challenge to complete the land clearance before December 21, as was the previous commitment.

Thus, the investor has proposed adjusting the project's total area, including the construction area for the Hai Lang LNG power centre.

Ha Sy Dong asked the Quang Tri Economic Zone Authority, in collaboration with departments and relevant authorities, to review the plans to adjust the project’s overall area.

“The investor has to accelerate to complete the feasibility report, environmental impact assessment report, and relevant procedures. At the same time, investors have to cooperate with authorities to complete the land clearance and compensation and procedure to change the forest use purpose to implement the project on time,” Dong said.

The investor of the first phase of the Hai Lang LNG power plant is a consortium of Vietnamese conglomerate T&T Group, Korea Gas Corporation, Hanwha Energy Corporation, and Korea Southern Power.

The project’s phase 1 has a total investment of $2.3 billion, with the contribution of T&T being 40 per cent. Meanwhile, Korean partners contribute 60 per cent.

Hai Lang LNG Power Centre combines a 120-hectare Hai Lang LNG terminal warehouse (phase 1) with a receiving capacity of 1.5 million tonnes of LNG per year, and a power centre with a capacity of 1,500MW (phase 1).

The investor organised the ground-breaking ceremony in mid-January this year and expects to complete it in 2026-2027.