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Millennium Energy proposed to invest in gas power projects in Soc Trang
Information from Soc Trang Provincial People's Committee Office said: On April 20, this local leader worked with representatives of Millennium Energy Vietnam One Member Limited Company (a member unit of Millennium Petrol and Gas Group of the United States of America) on the proposed investment in gas power projects in Soc Trang province.


At the meeting, Mr. Sam Chan - Chairman of Millennium Energy Vietnam Company proposed to the Provincial People's Committee to allow this enterprise to research and invest in a gas power project with a capacity of 9,600 MW (including 2 phases) in the Soc Trang province. At the same time, it is suggested that Soc Trang province allocate a land fund of about 200 hectares and support compensation and ground clearance to implement the project.

Mr. Lam Hoang Nghiep - Vice Chairman of People's Committee of Soc Trang province said: We appreciate investors who are interested in projects with advantages of the locality and request that they need specific documents. On that basis, the Provincial People's Committee will discuss and agree in writing for the company to conduct the survey. After a detailed survey, the investor must formulate a detailed project for the locality to consider and submit to the Government for approval.

According to Mr. Nghiep, now Dai Ngai and My Thanh industrial zones are in the province's planning. If the company chooses to locate projects in these 2 industrial zones, it will be very convenient in site clearance and other procedures.

In order to supplement the energy source in the condition of stopping new coal power project development, Long An province has also planned to invest in Long An 1 and Long An 2 power plant projects using LNG fuel with total expected capacity. 3,000 MW, including 2 combined cycle gas turbine plants, with capacity of 1,500 MW each. Estimated total investment of 2 power projects and LNG storage system is about 3.13 billion USD. Both projects are expected to be located in Phuoc Vinh Dong commune, Can Giuoc district, Long An province. Thus, in terms of capacity, the gas power project in Soc Trang province proposed by the US investor this time is 3 times larger than the projects in Bac Lieu and Long An.

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