US group proposes US$15 billion LNG project in Soc Trang

Tuesday, Apr 27, 2021 15:08

Soc Trang Province's leaders worked with the investor's representatives. — Photo congthuong.vn

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 plan which the province will submit to the Government for approval.

The investor committed to using modern equipment and ensuring safety for the environment. — VNS

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