A consortium comprising SK Innovation, PetroVietnam Power (PV Power) and NASU has commenced construction of the Quynh Lap LNG project in Nghe An Province, Vietnam. The USD2.3 billion development includes a 1.5 GW liquefied natural gas (LNG) combined-cycle power plant and an LNG import terminal, with commercial operations targeted for December 2030.
Located approximately 220 km south of Hanoi, the project is intended to strengthen Vietnam’s power supply and support growing industrial and energy demand. The development forms part of SK Group’s proposed specialised energy-industry cluster model, which integrates power generation infrastructure with industrial facilities and emerging digital industries. Earlier in 2026, GE Vernova was selected to supply 9HA.02 gas turbines and H78 generators for the power plant.
The Quynh Lap project is expected to contribute to Vietnam’s expanding energy infrastructure while supporting industrial development in Nghe An Province. Once operational, the facility will enhance generation capacity and provide a foundation for future industrial and technology-related investments in the region.