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Total, Siemens propose scaled-back LNG project in Tanintharyi

The European consortium behind a 1,230-megawatt power project in Tanintharyi Region has proposed scaling back its plans amid stalled talks with the government over financial terms. However, a senior government official told Frontier the revised proposal is unlikely to be accepted and the project now faces the prospect of suspension or cancellation. French energy giant […]

PTTEP, GPSC banking on Myanmar gas plant

SET-listed oil and gas drilling firm PTT Exploration and Production Plc (PTTEP) has finalised a plan for a new gas-fired power plant in Myanmar with a capacity of 600 megawatts in collaboration with Global Power Synergy Plc (GPSC). Both companies, affiliates of PTT Plc, are working to finish a feasibility study, prepare for a development […]

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 […]

PTT’s Expansion Plans Will Benefit Myanmar’s Natural Gas And LNG Sector

Myanmar’s energy sector will benefit from PTT’s overseas expansion strategy, as the state-owned looks to diversify away from the mature and saturated Thailand market. PTT’s focus will be on natural gas, demand for which is expected to expand at a robust rate in Myanmar, alongside shifting government power policy. PTT investment will improve domestic gas […]

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 […]

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 […]

Total to develop LNG project, continue offshore production work in Myanmar

Myanmar is planning to double the supply of electricity in the country over the next two years with power generated by liquefied natural gas (LNG) to meet an expected domestic shortfall. Last month, the Ministry of Electricity and Energy issued a “Notice to Proceed” to investors in four gas projects, which will collectively add 3,000 […]

Can LNG fill Myanmar’s power gap?

As such, the government has identified electricity as its top priority. Under the Myanmar National Electrification Plan (NEP), it aims to achieve 100 percent electrification by 2030. This will involve achieving a total of 24,000 MW of electricity generating capacity, which, in turn, requires vast infrastructure investments in power sector. That’s because the 24,000 MW […]

Myanmar moves forward

The government of Myanmar is about to take dramatic steps to spur economic development and improve government efficiency. Several significant cabinet changes are in the pipeline, detailed economic strategies are being finalised and a shake-up in the bureaucracy is already under way. These planned changes in ministerial personnel are aimed at strengthening the government’s leadership […]

Thailand’s PTT poised to gain from Myanmar deal

THAI and Myanmar officials will sign a memorandum of agreement at a meeting of Asean energy ministers next month that will take energy giant PTT a step closer towards a major gas project across the border. The singing of the agreement will pave the way for PTT to conduct a study on a Bt20 billion […]