Bird’s-eye view of the Quynh Lap project site in Nghe An Province, Vietnam, where the LNG power plant, LNG terminal, and LNG storage tanks will be constructed; Source: SK Innovation

$2.3 billion LNG project breaks ground in Southeast Asia

SK Innovation, an affiliate of South Korean conglomerate SK Group, Vietnam’s state-run power company PV Power (PetroVietnam Power), and local partner NASU, an affiliate of TH Group, have held a groundbreaking ceremony for a liquefied natural gas (LNG) project, which is anticipated to support Vietnam’s industrial advancement through artificial intelligence (AI) infrastructure and community engagement initiatives.

Offshore Energy