Vietnam’s Cai Mep LNG terminal starts gas deliveries to Phu My power complex

AG&P LNG said in a statement on Friday that the first gas sendout marks the completion of commissioning of the new Cai Mep–Phu My gas pipeline and gas distribution station, connecting the terminal to Vietnam’s largest gas-fired power generation complex, the 4 GW Phu My hub.

Deliveries are being made under a gas sale agreement between Cai Mep Terminal (CM LNG) and EVNGENCO3 covering the commissioning and reliability-testing phases of the new pipeline infrastructure

AG&P LNG said the deliveries will establish regasified LNG consumption at the Phu My 2.1 and 2.1E power plants, integrating the terminal operations, pipeline, and power complex ahead of long-term commercial operations.

The start of deliveries establishes CM LNG as Vietnam’s first private terminal to deliver regasified LNG into the Phu My power complex.

CM LNG features three onshore tanks with a total LNG storage capacity of 220,000 cbm, LNG break-bulk capability, and 14 truck-loading bays – seven for LNG and seven for CNG.

“With pipeline connectivity to the 4 GW Phu My power complex now commissioned, CM LNG becomes a critical node in Vietnam’s emerging LNG-to-power supply chain, complementing its established truck-loading and break-bulk distribution to industrial customers across Vietnam,” AG&P LNG said.

Second LNG import terminal in Vietnam

Last year, AG&P LNG and Vietnam’s Hai Linh received the first commissioning cargo at their Cai Mep LNG import terminal.

In April, Nebula Energy’s AG&P LNG agreed to acquire a 100 percent stake in the LNG import terminal.

The move followed AG&P LNG’s initial acquisition announcement of a 49 percent stake in 2024, from Hai Linh.

The Cai Mep facility is the second LNG import facility in Vietnam, adding to the PetroVietnam Gas-operated Thi Vai LNG terminal in Ba Ria-Vung Tau province.

It has a capacity of 3 mtpa, with the potential to double the capacity.