Yangon LNG Terminal

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Yangon LNG Terminal is a proposed LNG terminal in the state of Dalla township, Yangon, Myanmar.

Location

The terminal will be built in the Thilawa Economic Zone of Yangon, Myanmar.

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Project Details

  • Owner:
  • Parent: MAPCO, Eden Group, Myanmar Edible Oil Industrial Public Corporation Limited, Myanmar Agriculture and General Development Public Limited
  • Location: Dalla township, Yangon, Myanmar
  • Coordinates: 16.6181383, 96.2668211 (approximate)
  • Capacity: 4 mtpa, 0.57 bcfd
  • Status: Proposed
  • Type: Import
  • Start Year: 2023
  • Financing: Marubeni, Sumitomo, Mitsui

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

Myanmar Ministry of Electricity and Energy will float an international tender to build the country's first liquefied natural gas terminal, originally planned for as early as April 2017. Along with a floating LNG terminal with an annual capacity of up to 4 million tons, the US$2 billion project includes construction of 200km of pipeline to bring the gas to urban areas and a 1,250 megawatt gas-fired power plant. Japanese trading houses and Thai and European oil companies have reportedly expressed interest in the project. Total SA, a French energy company, is reportedly in talks with the Myanmar government regarding the terminal after the Myanmar government issued requests for expressions of interest in September of 2016.[1]

Although the site for the terminal has yet to be determined, one prime candidate is a coastal area in the eastern state of Mon, near Yangon. The power plant may be located near the terminal, or somewhere near Yangon. The government plans to select the winning bid by the end of 2017, with the terminal anticipated to go online in 2020.[2]

In June 2019 an LNG terminal for Yangon was proposed by TTCL, a company based in Thailand.[3] In December 2019 it was announced that the terminal will be built by a consortium of Myanmar and Japanese companies in the Thilawa Special Economic Zone. The Myanmar companies involved will be MAPCO, Eden Group, Myanmar Edible Oil Industrial Public Corporation Limited and Myanmar Agriculture and General Development Public Limited. The Japanese companies providing financing will be Marubeni, Sumitomo and Mitsui. Construction was scheduled to begin in March 2020.[4]

In July 2020, Marubeni, Sumitomo and Mitsui received a notice to proceed from the Myanmar government and have teamed up with Myanmar conglomerate Eden Group to build the LNG-to-power project. According to Marubeni, it will carry out a detailed feasibility study followed by financing and construction of the LNG terminal, gas power plant and associated facilities. Myanmar expects to see first electricity from the project in 2026.[5]

Articles and resources

References

  1. "Total in Talks with Myanmar to Build Power Plant, Supply LNG," Nikkei Asian Review, March 14, 2017
  2. "Myanmar to solicit bids for its 1st LNG terminal," Nikkei Asian Review, March 14, 2017
  3. LNG Projects Delayed Not Dead, Frontier Myanmar, Jun. 28, 2019
  4. CHAN MYA HTWE, LNG plant, terminal to be constructed in Thilawa, Myanmar Times, Dec. 30, 2019
  5. Mirza Duran, Japanese trio to build Mynamar LNG-to-power project, Offshore Energy, Dec. 30, 2019

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External resources

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