Explore the latest trends and actionable insights on the Oil and Gas Construction Projects market to inform business strategy and pinpoint opportunities and risks.

Asia-Pacific: Five Largest Gas Construction Projects Started in Q1 2022

  • With a project value of $5,300 million, the T&T/Hanwha/KOGAS/KOSPO – Hai Lang LNG Gas Power Center 4500 MW – Quang Tri project was the largest Gas project in the Asia-Pacific, on which construction started in Q1 2022. The T&T/Hanwha/KOGAS/KOSPO – Hai Lang LNG Gas Power Center 4500 MW – Quang Tri project is located in Vietnam and initially announced in Q1 2019 with an estimated completion in Q4 2030. The RPOWER/JERA – Meghnaghat Combined Cycle Gas Power Plant 3000 MW – Bangladesh project was the second-largest project with a project value of $3,000 million, on which construction work started in Q1 2022. The RPOWER/JERA – Meghnaghat Combined Cycle Gas Power Plant 3000 MW – Bangladesh project is located in Bangladesh and initially announced in Q4 2014 with an estimated completion in Q3 2026.

  • The EERI – Batangas Combined Cycle Power Plant 1,700 MW – Calabarzon project was the third-largest project, the GEPD/HDBPIZI/HPIG – Huizhou Daya Bay Petrochemical Zone Comprehensive Energy Station: Phase I – Guangdong was the fourth-largest project, and the EnergyAustralia – Tallawarra Stage B Combined Cycle Power Plant 316 MW – New South Wales was the fifth-largest project with a project value of $1,392 million, $596 million and $328 million respectively. The EERI – Batangas Combined Cycle Power Plant 1,700 MW – Calabarzon project located in Philippines was announced in Q1 2020 with an estimated completion in Q4 2026, the GEPD/HDBPIZI/HPIG – Huizhou Daya Bay Petrochemical Zone Comprehensive Energy Station: Phase I – Guangdong project located in China was announced in Q4 2020 with an estimated completion in Q4 2023 and the EnergyAustralia – Tallawarra Stage B Combined Cycle Power Plant 316 MW – New South Wales project located in Australia was announced in Q1 2005 with an estimated completion in Q1 2024.

  • Among the five largest projects, the T&T/Hanwha/KOGAS/KOSPO – Hai Lang LNG Gas Power Center 4500 MW – Quang Tri project is the longest in terms of completion date, with construction expected to be completed in Q4 2030. On the other hand, the GEPD/HDBPIZI/HPIG – Huizhou Daya Bay Petrochemical Zone Comprehensive Energy Station: Phase I – Guangdong project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.

Asia-Pacific: Five Largest Gas Construction Projects Started in Q1 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Oil and Gas Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Oil and Gas Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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