MCV LNG Terminal
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MCV LNG Terminal, also referred to as Thanlyin LNG Terminal or Thilawa LNG Terminal, is an operating LNG terminal in Thaketa, Myanmar.[1]
Location
The terminal is located in Thilawa port, Myanmar.[2]
Project details
- Operator: MCV Terminal Limited[2]
- Owner: Cntic Vpower International Terminal (Yangon) Limited (中技偉能國際碼頭(仰光)有限公司) [56%]; Myanmar Business Consultant Group Limited [44%][2]
- Parent company: VPower [56%],[1] Myanmar Business Consultant Group Limited [44%][2]
- Location: Thilawa port, Yangon, Myanmar[1][2]
- Coordinates: 16.64720861858123, 96.26360037145832 (exact)[3]
- Capacity: 0.4 mtpa[4]
- Status: Mothballed[1][5][6][7]
- Type: Import[1]
- Start Year: 2020[1]
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
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.[8][9] 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.[1]
The CNTIC VPower Energy floating storage unit (FSU) was used to receive and store LNG imports to supply the regasification facility.[6] The FSU left Myanmar in March 2023 despite having two more years of the contract.[5] 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.[5] The LNG Terminal is presumed to be mothballed.
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 Adnan Bajic, Myanmar’s LNG-fueled power plant springs into action, Offshore Energy, June 16, 2020
- ↑ 2.0 2.1 2.2 2.3 2.4 "MCV LNG Terminal - Myanma Port Authority". Myanma Port Authority (in မြန်မာဘာသာ). Retrieved 2023-07-07.
- ↑ "16°38'50.2"N 96°15'48.5"E". 16°38'50.2"N 96°15'48.5"E. Retrieved 2023-07-07.
- ↑ BloombergNEF LNG Export and Import Projects--Q4 2020, BloombergNEF, January 21, 2021
- ↑ 5.0 5.1 5.2 "LNG power-generating vessel leaves Myanmar". mizzima.com. 2023-04-02.
{{cite web}}: CS1 maint: url-status (link) - ↑ 6.0 6.1 Smith, Christopher (2020-11-11). "Myanmar LNG-to-power project takes FSU delivery". ogj.com.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Worsening Blackouts in Junta-Led Myanmar Put Economy at Risk". Bloomberg.com. Retrieved 2023-07-07.
- ↑ Myanmar LNG-to-power project takes FSU delivery. Oil & Gas Journal. November 11, 2020.
- ↑ The LNG Industry: GIIGNL Annual Report 2022. GIIGNL. May 2022.
