ExxonMobil Hai Phong Energy will operate the upcoming Tien Lang Floating LNG regasification terminal, proposed to be built in Hai Phong in Vietnam. The terminal is expected to start operations in 2025 and will be owned by Exxon Mobil , Tokyo Electric Power Co Holdings , and Chubu Electric Power .
The Tien Lang Floating LNG regasification terminal has a proposed regasification capacity of 292.2bcf/annum (billion cubic feet).
During the period 2021-2025, the Tien Lang Floating regasification terminal is expected to witness an estimated capex of $864m.
About ExxonMobil Hai Phong Energy
ExxonMobil Hai Phong Energy Pte Ltd (EMPHE) provides storage solutions to oil and gas companies. It is headquartered in Singapore City, Singapore.
MethodologyInformation on the terminal is sourced from GlobalData’s LNG regasification database that provides detailed information on all active and upcoming, large – scale LNG regasification terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.