Myanmar Signs Power Purchase Deal with Thai Company

YANGON — A state-owned enterprise in Myanmar has signed a power-purchase agreement with a Thai-based engineering and construction company which plans to develop a US$685 million (911 billion kyats) power plant in Yangon. On Wednesday, the agreement was signed by Electric Power Generation Enterprise, which is controlled by the Ministry of Electricity and Energy, and […]

Myanmar takes delivery of LNG for Yangon power plants

Myanmar has taken delivery of its second load of liquefied natural gas (LNG) from Malaysia, U Soe Myint, deputy permanent secretary for the Ministry of Electricity and Energy, said on November 25.A total of 126,000 cubic meters of LNG was delivered to CNTIC VPower at the Thilawa port in Yangon and will be transferred via […]

LNG plant, terminal to be constructed in Thilawa

A consortium of Myanmar and Japanese companies will construct an electricity generation plant and liquefied natural gas (LNG) terminal at the Thilawa Special Economic Zone, said U Han Thaw Zay, Executive Director of Myanmar Agribusiness Public Corporation (MAPCO), one of the firms involved in the investment. The LNG-fuelled plant will have the capacity to generate […]

VPower group wins Myanmar’s emergency power tender

Hong Kong-listed VPower Group said its consortium with Myanmar’s Zeya & Associates had been provisionally awarded four of the five emergency power projects tendered by the energy ministry in June. The consortium said it won three projects that would use imported liquefied natural gas in Rakhine’s Kyaukphyu, Yangon’s Thanlyin and Thaketa, totalling 900 megawatts. It […]

Negotiations still underway over Kanbauk LNG project

Negotiations between Total E&P, Siemens Myanmar and the government are still ongoing for the 1,230MW liquefied natural gas (LNG)-fired power plant project in Kanbauk, Tanintharyi Region. Although reports surfaced recently that Total and Siemens proposed scaling back the US$2.1 billion project that was given the go-ahead by the government in January 2018, both sides were […]

Natural gas from Offshore A-6 plot to be produced in 4 years

Natural gas from Offshore A-6 block will be produced in 4 years time while other offshore blocks will be opened for international tender with the government current adjusting profit sharing rates, according to Union Minister for Investment and Foreign Economic Relations, Thaung Tun. “We have found natural gas in offshore 6. But, it is a […]

After winter gas crunch, China pumps for underground storage

CHONGQING, China (Reuters) – On one of the many mountains in southwest China’s sprawling region of Chongqing, a dozen wells in an exhausted gas field are this week starting to take in fresh fuel piped in from Central Asia’s Turkmenistan, thousands of miles away. For the next six months, state energy giant PetroChina, operator of […]

Thaketa gas plant commences supplying power in Yangon

More than 40,000 households will now receive electricity following the scheduled completion and opening of a combined-cycle gas power plant in Thaketa township, Yangon Region, over the weekend. The Power Purchase Agreement (PPA) was signed in January 2016. The 106 megawatt plant was built and will be operated under a 30-year joint venture between the […]

Myanmar targets LNG imports to fuel nation’s power surge

YANGON — Myanmar will begin importing liquefied natural gas as soon as 2020 to feed the country’s growing power demand, aiming to allay concerns among businesses about electricity shortages even as domestic gas output begins to drop. The government gave the go-ahead at the end of January for three power projects that will run on […]

Total targets final decisions on Myanmar, Ivory Coast LNG projects this year

SINGAPORE, Feb 28 (Reuters) – France’s Total expects to take a final investment decision (FID) on liquefied natural gas (LNG) import projects in Myanmar and Ivory Coast this year as part of the oil major’s expansion into emerging markets, an executive said on Wednesday. Jean-Pierre Mateille, vice president of trading at Total Gas & Power […]