Wednesday, February 15, 2017

Myanmar LNG import tender could launch by end April amid wide interest

Myanmar LNG import tender could launch by end April amid wide interest

Myanmar's official LNG import tender could be launched by the end of April,
with 8-10 submitters of Expressions of Interest or EOIs potentially selected
to receive the tender, Yangon-headquartered legal firm VDB Loi said last
Friday.

The tender could take a year to be awarded, according to the presentation by
VDB Loi in Singapore.

A local partner was not required and LNG imports could begin in 2020,
according to VDB Loi Senior Partner Edwin Vanderbruggen.

In a call with S&P Global Platts Monday, Vanderbruggen said Myanmar's
government was also considering further liberalizing the country's
electricity market and, in particular, allowing 100% foreign ownership of
the country's transmission and distribution networks.

Over 100 EOIs were submitted by the October 28, 2016, deadline to supply LNG
to Myanmar, according to VDB Loi.

Myanmar's Ministry of Electricity and Energy or MOEE LNG Business Sector
Implementation and Development Central Committee has authority over the
tender process.

VDB Loi also listed four possible sites for the FSRU to be located,
involving an FSRU either moored or at a jetty, on Kalgauk Island, Kyauk Phyu
or Ngayok Bay.

In November 2016, a World Bank workshop featured an FSRU in Myanmar with a
500 MMcf/day regas capacity.

There will likely be a separate tender issued for a gas-fired power project
in Myanmar.

Platts Analytics expects Myanmar could begin importing LNG in the early
2020s.

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Link to Original Article:
http://www.platts.com/latest-news/natural-gas/singapore/myanmar-lng-import-t
ender-could-launch-by-end-27768364?utm_campaign=plattsbulletinemailtemplate_
dyncontent%20-%20new%20eg&utm_medium=email&utm_source=eloqua


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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com

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