IRVING (dpa-AFX) - 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.
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