Hai Lang LNG project has not made progress as planned

Hai Lang LNG project has not made progress as planned Acting Chairman of the Provincial People's Committee Ha Sy Dong requested the joint venture investor to urgently complete and hand over the survey and land acquisition documents for the project area after adjusting the detailed planning project and adjusting the investment policy - Photo: HT

Hai Lang LNG Project, Phase 1 is implemented by a consortium of investors: T&T Group (Vietnam) and Hanwha Energy Corporation - HEC, Korea Gas Corporation - KOGAS, and South Korea Electric Power Corporation - KOSPO.

The project was started in January 2022 in the Southeast Economic Zone. Up to now, the project has completed a number of procedures such as: Local adjustment of the Master Plan and Local adjustment of the Construction Zoning Plan of the Southeast Economic Zone in the project implementation area; Adjustment of the detailed plan at a scale of 1/500 of the project; Land use planning; Environmental impact assessment report; Adjustment of the project investment policy; Project risk quantification report; Approval of adding a specialized LNG wharf, a specialized channel for ships to serve the Hai Lang LNG Power Plant Phase 1 to the detailed plan of the Central Central seaport group (group 3)...

Regarding the feasibility study (FS) report, on January 24, 2025, the Department of Electricity and Renewable Energy - Ministry of Industry and Trade announced the results of the appraisal of the feasibility study report. However, up to now, the investor consortium has not yet completed the approval of the FS.

On the other hand, implementing the direction of the Provincial People's Committee, the Department of Finance has issued a document urging the consortium of investors to promptly establish an economic organization to implement the project; at the same time, requesting the consortium of investors to contact the Business Registration Office - Department of Finance for guidance and support on necessary procedures, but up to now, the consortium of investors has not yet carried out the procedures to establish an economic organization according to the direction of the Provincial People's Committee.

At the meeting, the representative of the investor consortium discussed and explained a number of reasons related to the delay in project implementation progress; at the same time, he said that the investor consortium is urgently conducting internal reports to unify the approval of FS and establish a project office in Quang Tri in May 2025. On the other hand, the related procedures will be completed to hand over the project's measurement and land recovery records after adjustment to the People's Committee of Hai An commune and the Land Clearance Council (GPMB) of Hai Lang district.

Concluding the working session, Acting Chairman of the Provincial People's Committee Ha Sy Dong emphasized that in recent times, Quang Tri province has made great efforts to support the investor consortium to implement the project to ensure the committed progress. However, the project is currently being implemented too slowly and has not achieved progress compared to the set plan.

Acting Chairman of the Provincial People's Committee Ha Sy Dong requested the joint venture of investors to urgently complete and hand over the survey and land acquisition documents for the project area after adjusting the detailed planning project and adjusting the investment policy so that the Hai Lang District People's Committee can re-issue the land acquisition notice according to regulations.

At the same time, the procedures for converting forest use purposes and replanting forests must be completed and submitted to the competent authority for approval. In addition, the consortium of investors must also approve the FS soon, no later than May 10, to serve as a basis for establishing an economic organization to manage the project in Quang Tri, thereby allocating funds to carry out the project's site clearance work.

Acting Chairman of the Provincial People's Committee Ha Sy Dong assigned the Department of Industry and Trade to advise the Provincial People's Committee to issue a document recommending the Ministry of Industry and Trade to direct relevant units to consider and review to find ways to remove some obstacles related to electricity purchase and sale contracts, electricity prices, capacity mobilization time, etc.

The Provincial Economic Zone Management Board coordinated with the Department of Construction to support the investor consortium to work with My Thuy International Port Joint Venture Joint Stock Company to unify the contents related to investment, exploitation of maritime routes and ship turning areas as a basis for reporting to the Provincial People's Committee.

Ha Trang

Source: https://baoquangtri.vn/du-an-lng-hai-lang-chua-dat-tien-do-so-voi-ke-hoach-193169.htm