Thilawa LNG Terminal
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Thilawa LNG Terminal is a liquefied natural gas (LNG) import terminal proposed in Myanmar.[1] There have been no development updates in over four years, and the project is presumed to be cancelled.
Location
The terminal is proposed to be located in Thilawa Economic Zone of Yangon, Myanmar.[1]
Project details
- Operator:
- Owner: Marubeni, Sumitomo, Mitsui & Co, Eden Group[1]
- Parent company: Marubeni, Sumitomo, Mitsui & Co, Eden Group[1]
- Location: Thilawa Economic Zone of Yangon, Myanmar[1]
- Coordinates: 16.6181383, 96.2668211 (approximate)
- Capacity:
- Status: Cancelled
- Type: Import[1]
- Start year: 2026[1]
- Financing:
- Cost: US$2 billion[1]
- FID status:
- Associated infrastructure:
Background
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.[2]
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.[1]
There have been no project updates in over four years, and the project is presumed to be cancelled as of July 2024.
