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LNG Bac Lieu project expected to start in late 2021 11:50 | 28/04/2021 LNG Bac Lieu project expected to start in late 2021 According to Pham Van Thieu, Chairman of Bac Lieu People’s Committee, Delta Offshore Energy Pte., Ltd. (DOE), the investor of the LNG Bac Lieu project is facing difficulties in negotiating the power purchase agreement (PPA) as the parties have yet to reach a compromise over the selling price of power and the power purchase volume. It is currently unsure whether the entire 3,200 MW generated by the plant will be bought. In April 2020, DOE and the Electricity of Vietnam (EVN) had an official online working session for the first time to discuss works related to the project, with the target of signing the PPA before October 2020. In addition, the National Steering Committee for Electricity Development proposed the investor of Bac Lieu LNG-to-power project to keep the selling price of power at 7 US cent per kWh to save time. H

Republic ofBac lieuBc liêvmNational steering committee for electricity developmentBac lieu people committeeProvince people councilInstitute of energyMinistry of natural resourcesMinistry of industryDelta offshore energy pte ltdPham van thieuBac lieu peopleDelta offshore energy pteNational steering committeeElectricity developmentProvince people