Thermal capacity accounted for 53.3% of total power plant installations globally in 2022, according to GlobalData, with total recorded thermal capacity of 4,544GW.
US Millennium Energy Corporation proposes two LNG projects in Van Phong EZ 11:26 | 17/05/2021
The two projects will pour more than $27 million of foreign capital to Khanh Hoa province
According to the proposal of Millennium Energy, the investor will build an LNG plant with a capacity of 4,800MW, divided into two construction phases with an investment capital of $4.7 billion. The commercial operation of phase 1 is expected in 2027-2030 and phase 2 after 2030.
Besides, Millennium Energy proposed building a storage system with a total capacity of 17 million square metres for Van Phong LNG terminal warehouse. The total investment capital for this project is expected to reach $22.5 billion. The project aims to supply LNG for the project s plant and other domestic projects, and export LNG to countries in Asia.
Tuesday, 14:32, 27/04/2021
Millennium Energy Vietnam Co., Ltd., a member of the US-based Millennium Group, has proposed to develop a liquefied natural gas (LNG) project in Soc Trang province.
Once approved, it would be the largest LNG project in the Mekong Delta region.
The project has a designed capacity of 9,600MW. The investor needs an area of 200 hectares to develop the project. The construction will be implemented in two phases.
According to Lam Hoang Nghiep, vice chairman of Soc Trang People’s Committee, the province will organise a site visit and then the investor will have to build the detailed planning which the province will submit to the government for approval.
Millennium Energy Vietnam proposes to develop $15 billion LNG project in Soc Trang 09:43 | 26/04/2021
Millennium Energy Vietnam Co., Ltd., a member of Millennium Group from the United States, has proposed to develop a liquefied natural gas (LNG) project in Soc Trang province. Once approved, it would be the largest LNG project in the Mekong River Delta.
Millennium Energy Vietnam has proposed another LNG project doubling its capacity in Vietnam (Illustration photo)
Having total investment capital of $15 billion, the LNG project has a designed capacity of 9,600MW. The investor needs an area of 200 hectares to develop the project. The construction will be implemented in two phases.