Regional LNG: AG&P LNG and Hai Linh announce the start of the commissioning of Cai Mep LNG Terminal

By Romel S. Gurky

LNG terminals and downstream infrastructure company, AG&P LNG, a subsidiary of Nebula Energy, along with its partner, Hai Linh Company Limited on Wednesday in Vietnam today announced the start of the commissioning of the Cai Mep LNG Terminal in an elaborate ‘Cai Mep LNG Terminal Commissioning Symposium’ hosted at the terminal.

The detailed milestones of the commissioning phase were announced, leading up to the start of commercial operations of the Cai Mep LNG Terminal targeted for September 2024. “The symposium demonstrated AG&P LNG’s singular integrated LNG ecosystem with participation from customers, LNG suppliers, gas aggregators, and network partners, connecting the end-to-end LNG value chain, from sourcing to last mile delivery,” the release said.

Read also: Regional LNG: AG&P LNG acquires 49% stake in Vietnam’s Cai Mep LNG Terminal

Cai Mep LNG Terminal will provide integrated LNG supply solutions through AG&P LNG and Hai Linh downstream joint venture – Vietfirst Gas.

Vietfirst Gas also signed a second definitive agreement with a prominent demand aggregator at the ‘Cai Mep LNG Terminal Commissioning Symposium’. The first definitive agreement for 1 MTPA offtake was signed with HPP power plant in March 2024.

The 3 MTPA Cai Mep LNG Terminal, expandable to 6 MTPA, is one of only two existing LNG terminals located in Vietnam. The Cai Mep LNG Terminal is located in Vũng Tàu district.

Earlier this year in March, AG&P LNG acquired a 49% stake in the fully constructed Cai Mep terminal developed by Hai Linh Company Limited.

Editing by Alexander Ginting