This afternoon, January 11th, the Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, Vo Van Hung; and the Standing Vice Chairman of the Provincial People's Committee, Ha Sy Dong, worked with the consortium of investors (T&T; HEC; KOGAS; KOSPO) on the progress of the Hai Lang LNG project, phase 1.
Permanent Vice Chairman of the Provincial People's Committee Ha Sy Dong speaks at the working session - Photo: LA
According to the report of the Provincial Economic Zone Management Board, the Hai Lang LNG project, phase 1, is a project related to national energy security according to the National Power Development Plan for the period 2021-2030, with a vision to 2050 (referred to as Power Plan VIII), approved by the Prime Minister in Decision 500/QD-TTg dated May 15, 2023, and planned with a capacity of 1,500 MW.
To align with the approved capacity scale, the consortium of investors proposes adjusting the overall site plan for the Hai Lang LNG project, phase 1, with a total land and water area of approximately 184.93 hectares.
Specifically, the project utilizes 130 hectares of water surface and approximately 54.93 hectares of land to optimize investment efficiency, minimize land use, reduce shared facilities, lower investment, operation, and maintenance costs, minimize land compensation costs, facilitate power purchase agreement (PPA) negotiations, and align with the project's implementation realities and national power development plan.
However, upon reviewing the relevant plans, the proposed adjustment to the overall project layout is not consistent with the general plan and the zoning plan for the Southeast Quang Tri Economic Zone, phase 1.
Representatives of the consortium of investors speak at the meeting - Photo: LA
According to the report from the investor consortium's representative, the unit is currently adjusting the investment project; adjusting the detailed construction plan at a scale of 1/500; preparing, appraising, and approving the feasibility study report; preparing, appraising, and approving the environmental impact assessment report... Based on the project schedule approved in the Power Development Plan VIII, the investor consortium has developed a detailed project implementation schedule.
Specifically, the schedule is as follows: submission of the feasibility study (FS): Q4/2023; FS approval: Q1/2024; negotiation of the power purchase agreement (PPA): Q4/2024; signing of the project financing loan agreement: Q1/2025; design-supply of technology equipment and construction contract (EPC contract): Q1/2026; and commercial operation in Q4/2029.
Demonstrating their determination to implement the project, and to ensure that the Hai Lang LNG Phase 1 project can operate according to the approved schedule, representatives of the investor consortium proposed that the Provincial People's Committee adjust and update the construction plans of the Southeast Quang Tri Economic Zone; agree on the coordinates and boundaries of the project; and submit a request to the Ministry of Industry and Trade to direct relevant units to review and address difficulties in sharing risks in the power purchase agreement (PPA); the transition of LNG prices; fuel purchase contracts; and the investment in a 500 kV transmission line to connect the Hai Lang LNG Phase 1 project with the national power grid...
Speaking at the meeting, the Standing Vice Chairman of the Provincial People's Committee, Ha Sy Dong, agreed to assign the Provincial Economic Zone Management Board to coordinate with the Department of Construction to urgently carry out the adjustment, appraisal, and approval of the zoning plan, detailed plan, and update it into the general plan of the Southeast Quang Tri Economic Zone in the first quarter of 2024.
In coordination with the Department of Natural Resources and Environment, review the scale of the water surface and the project boundaries, and submit the report to the Provincial People's Committee for reporting and seeking the opinion of the Provincial Party Standing Committee. Assign the Department of Natural Resources and Environment to coordinate with the Provincial Economic Zone Management Board to guide and support the investor consortium in completing the approval of the Environmental Impact Assessment Report in the first quarter of 2024.
The Department of Industry and Trade will take the lead and coordinate with the consortium of investors in connecting to the national power grid. The People's Committee of Hai Lang district will take the lead and coordinate with the consortium of investors to accelerate the land clearance process, completing it in the first quarter of 2024.
The Department of Transport will guide and support the consortium of investors to complete the procedures as planned. The Department of Planning and Investment will guide, support, and urge the consortium of investors to establish an economic organization to implement the project. The implementation of the above contents must be carried out simultaneously and synchronously to ensure the set progress.
On the part of the consortium of investors, it is requested that they urgently complete the required contents; closely coordinate with relevant departments, agencies, and localities to complete the above-mentioned tasks to ensure the progress plan is met. A representative should be permanently stationed in Quang Tri to update and handle work promptly. Regular reports should be submitted to the Department of Industry and Trade to inform the Ministry of Industry and Trade about the project's implementation status and to address any difficulties or obstacles that arise.
Summarizing the opinions of the delegates attending the working session, Chairman of the Provincial People's Committee Vo Van Hung emphasized that the Hai Lang LNG project, phase 1, is a key project of the province. Therefore, to accelerate the implementation progress, he requested that departments, agencies, and localities focus on guiding, supporting, and urging the investor consortium to ensure the approved progress.
Le An
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