US group proposes 15-billion-USD LNG project in Soc Trang

Illustrative image (Photo. vir.com.vn)

Hanoi (VNA) – Millennium Energy Vietnam Co., Ltd., a member of theUS-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 theMekong Delta region.

The project has a designed capacity of 9,600MW. The investorneeds an area of 200 hectares to develop the project. The construction will beimplemented in two phases.

According to Lam Hoang Nghiep, vice chairman of Soc TrangPeople’s Committee, the province will organise a site visit and then theinvestor will have to build the detailed planning which the province willsubmit to the government for approval.

The investor committed to using modern equipment andensuring safety for the environment./.

VNA