PetroVietnam Power fires up Nhon Trach 4 LNG power plant

PetroVietnam Power, a unit of state-owned PetroVietnam, has recently fired up its Nhon Trach 4 LNG power plant.

According to a statement by PetroVietnam, the first ignition milestone took place on June 6.

PV Power expects to launch the commercial operation of the Nhon Trach 4 LNG power plant, with a capacity of 750 MW, in November 2025.

In February this year, PetroVietnam Power’s Nhon Trach 3 LNG power plant was connected to the national grid.

PetroVietnam’s unit stated at the time that the Nhon Trach 3 LNG power plant is expected to commence commercial operation in July this year.

In November 2021, PV Power broke ground on the Nhon Trach 3 and 4 plants in the southern province of Dong Nai, which are worth about $1.4 billion.

Vietnam’s first LNG power plants have a total capacity of 1.5 GW.

South Korea’s Samsung C&T secured a contract from PV Power to build the plants in a consortium with Vietnamese contractor Lilama.

PV Power previously said the launch of these LNG plants had been delayed due to several issues, including those related to the project’s land lease and the power purchase agreement with Vietnam’s power utility EVN, which was signed in October last year.

In March, PetroVietnam Gas signed a long-term contract with PV Power to supply the latter’s Nhon Trach 3 and Nhon Trach 4 power plants with LNG.

Moreover, the two units of PetroVietnam signed the LNG supply contract for Vietnam’s first two LNG power plants for 25 years.

This move followed a contract signed by PV Gas and PV Power for LNG supply for the commissioning of the two power plants in November last year.

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