Vietnamese prime minister Nguyen Xuan Phuc has assigned Vietnam's ministry of industry and trade (MOIT) a directive to propose a liquified natural gas (LNG) power project being developed by a consortium led by Energy Capital Vietnam (ECV), for inclusion into the National Power Development Plan of Vietnam.
According to an official announcement from the Government Office of Vietnam, Phuc issued a directive to add ECV's Mui Ke Ga LNG project (MKG) to the National Power Development Plan period 2021–2030 during a meeting with Binh Thuan provincial leaders on July 23. MOIT is charged with submitting the updated plan to the prime minister in October.
ECV's LNG project will provide for the development of a multi-phase gas-fired power complex and Floating Storage Regasification Unit (FSRU) terminal near Mui Ke Ga in Binh Thuan province, Vietnam.
ECV, a leading Vietnam-focused project development and asset management company established to serve as a platform for privat