SK Innovation Consortium Secures $2.3 Billion LNG Project in Vietnam
NATURAL GAS
SK Innovation, in partnership with PV Power and NASU, has won a 3.3 trillion-won ($2.3 billion) LNG power project in Nghe An, Vietnam. The consortium will construct a dedicated LNG port, an LNG terminal, and a 1.5-gigawatt power plant, with construction starting in 2027 and completion targeted for 2030. The project aims to enhance LNG capacity from 6 million tons to 10 million tons annually by 2030, supporting Vietnam's energy needs and industrial growth.

Feb 19, 2026, 11:47 PM