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LNG Business,
Tokyo Fuel Co., Ltd has introduced that it’ll collectively spend money on Truong Tan Vietnam Group (TTVN), a Vietnamese firm, and Kyuden Co., Ltd to established Thai Binh LNG Energy Joint Inventory Firm (TBLP’) with Worldwide (KIC’) to guage the feasibility of the LNG-to-Energy undertaking in Thai Binh Province, Vietnam.
TBLP will develop, assemble, and function a floating LNG receiving terminal and a pure gas-fired energy plant (energy technology capability: 1.5 million kW) in Tay Thuy District, Tay Binh Province, Vietnam, procure LNG, and promote electrical energy to Vietnam Electrical energy Company.
The businesses will conduct a enterprise feasibility analysis of the LNG to Energy undertaking. Within the enterprise feasibility analysis, they’ll conduct verification based mostly on financial rationality and technical feasibility, choose an EPC operator, and formulate an LNG procurement plan, with the purpose of beginning business operations by 2029.
Learn the article on-line at: https://www.lngindustry.com/floating-lng/29012024/tokyo-gas-establishes-jv-for-lng-to-power-project-in-vietnam/
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