Prime Minister Nguyen Xuan Phuc talks on the phone with Irtiza Sayyed, President of Exxon Mobil LNG Market Development Inc. (Photo: VGP/Quang Hieu)

He said during a phone call with President of Exxon Mobil LNG Market Development Inc. Irtiza Sayyed that Vietnam is among countries that are able to early contain the COVID-19 epidemic and is striving to seize the opportunity for development. During the process, Vietnam has great demand for power, so the Vietnamese Government welcomes Exxon Mobil’s investment in a complex of ports, LNG storage facilities and LNG-fuelled power plants using advanced technology in Hai Phong city.

The PM said with a total capacity of 4,000 MW, this project will help boost the development of not only Hai Phong but also the entire northern key economic zone.

Mr. Phuc also appreciated Exxon Mobil’s plan to build a gas-fired power complex with total capacity of 3,000 MW in the southern province of Long An. The group will ensure stable LNG supply for the power complex from the US and other countries. The import of LNG from the US will contribute to a more harmonious trade balance between Vietnam and the US, he said.

Sayyed praised Vietnam for containing the COVID-19 epidemic with effective measures, which he said will create a safe and reliable environment for international investment and trade in the country.