LNG Vietnam will operate the upcoming Thi Vai LNG regasification terminal, proposed to be built in Ba Ria Vung Tau in Vietnam. According to GlobalData, who tracks more than 1,100 active and developing LNG terminals worldwide, the terminal is expected to start operations in 2023 and will be owned by Vietnam National Oil and Gas Group, Tokyo Gas, and others. Buy the profile here.

The Thi Vai LNG regasification terminal has a proposed regasification capacity of 48.7bcf/annum (billion cubic feet) and storage capacity of 0.08 million tons (Mt).

Subsequent expansion at the Thi Vai regasification terminal will increase its capacity by 146.1bcf/annum.

During the period 2021-2025, the Thi Vai regasification terminal is expected to witness an estimated capex of $576m.

Contractors involved in the regasification plant

Some of the key contractors for the Thi Vai LNG regasification terminal include -
Design/FEED: Tokyo Gas Engineering.
Main EPC: Samsung C&T, Vietnam National Oil and Gas Group.

For more details on the Thi Vai LNG Regasification Terminal, buy the profile here.


GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.