MCV LNG Terminal
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
MCV LNG Terminal, also known as Thilawa LNG, is a mothballed LNG import terminal in Myanmar.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| MCV LNG Terminal | Thaketa, Myanmar[1][2] | 16.788223, 96.218176 (approximate) |
The map below shows the approximate location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| MCV LNG Terminal | import[3] | mothballed[4] | 0.4 mtpa | 0.4 mtpa | False | – |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| MCV LNG Terminal | import[3] | – | – |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| MCV LNG Terminal | import[3] | mothballed[4] | 2020[5] | – | – | 2020[3] | 2021 (mothballed)[4] |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| MCV LNG Terminal | import[3] | mothballed[4] | CNTIC VPower [56%]; Myanmar Business Consultant Group Ltd [44%][2][2] | Myanmar Business Consultant Group Ltd [44.0%]; CNTIC; VPower Group | MCV Terminal[2] |
Background
The Hong Kong-headquartered VPower Group partnered with China National Technical Import and Export Corporation for the LNG-fueled power plant in Thaketa Township of Yangon, Myanmar. It began operations on June 14, 2020. It is the first time LNG has been used as fuel for power generation in Myanmar. A floating storage unit (FSU) receives LNG and supplies it to the power station as needed.[6][7] The power station, with an installed capacity of 477.1 MW, was built on a fast-track basis for one of the Myanmar government’s shortlisted critical projects to boost power supply for summer 2020.[8]
The CNTIC VPower Energy floating storage unit (FSU) was used to receive and store LNG imports to supply the regasification facility.[9] The FSU left Myanmar in March 2023 despite having two more years of the contract.[10] Thilawa and Thaketa power stations fueled by the LNG terminal were reportedly idle since 2021, given lack of funds in foreign exchange after the coup.[10] The LNG Terminal is presumed to be mothballed.
Articles and Resources
Additional data
To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.
References
- ↑ https://goo.gl/maps/9yU4VcWEmHStiEwe7.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 http://www.mpa.gov.mm/my/ports/mcv-lng-terminal-2/.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 3.2 3.3 3.4 https://web.archive.org/web/20220709142532/https://www.offshore-energy.biz/myanmars-lng-fueled-power-plant-springs-into-action/. Archived from the original on 2022-07-09.
{{cite web}}: Missing or empty|title=(help) - ↑ 4.0 4.1 4.2 4.3 https://mizzima.com/article/lng-power-generating-vessel-leaves-myanmar.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20210616165335/https://www.sumitomocorp.com/en/jp/news/release/2020/group/13600. Archived from the original on 2021-06-16.
{{cite web}}: Missing or empty|title=(help) - ↑ Myanmar LNG-to-power project takes FSU delivery. Oil & Gas Journal. November 11, 2020.
- ↑ The LNG Industry: GIIGNL Annual Report 2022. GIIGNL. May 2022.
- ↑ Adnan Bajic, Myanmar’s LNG-fueled power plant springs into action, Offshore Energy, June 16, 2020
- ↑ Smith, Christopher (2020-11-11). "Myanmar LNG-to-power project takes FSU delivery". ogj.com.
{{cite web}}: CS1 maint: url-status (link) - ↑ 10.0 10.1 "LNG power-generating vessel leaves Myanmar". mizzima.com. 2023-04-02.
{{cite web}}: CS1 maint: url-status (link)
