ExxonMobil To Work With JERA, Hai Phong City For LNG-to-power Projects In Vietnam

(RTTNews) - ExxonMobil Hai Phong Energy Pte Ltd, Hai Phong People's Committee and JERA have signed a MOU to work together on a potential integrated LNG to Power project in Hai Phong, Vietnam. The project would include a power plant and LNG import terminal. JERA is the largest thermal power generator in Japan.

LNG-fueled power in Hai Phong will provide a more environmentally friendly alternative to the currently proposed coal projects in the master plan. ExxonMobil has submitted a master plan application with a project concept for consideration and potential inclusion in Vietnam's National Power Development Plan.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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