First LNG cargo unloaded in Myammar
A liquefied natural gas (LNG) cargo was unloaded for the first time in Myanmar in May. The cargo was supplied by Malaysia's state-run Petronas. Petronas apparently supplied an additional cargo to Myanmar in June. The total volume of the two cargoes was reported to be 190,000 cubic meters. The buyer was Hong Kong power company CNTIC VPower, an affiliated company of CNTIC (China National Technical Imp. & Exp. Corp), which bought the cargoes from Petronas earlier this year.
In 2019, VPower received a license from the Myanmar government to build a 900 MW thermal power plant in Myanmar. They are all expected to be LNG-fired power plants. The Rakhine's Kyaukphyu power plant (150 MW), Yangon's Thanlyin power plant (350 MW) and Thaketa power plant (400 MW) are being constructed. Some of these power plants were initially scheduled to start operations in April, but this was apparently postponed due to the spread of COVID-19.