Myanmar LNG projects overcome pandemic and sceptics
China and Hong Kong-led consortium has started operating first of three planned facilities as Yangon targets nationwide electrification
A Chinese-backed LNG-to-power project that recently started generating electricity for the largest city in Myanmar underlines rising Chinese involvement in the Southeast Asian country’s growing gas and power sectors. The first phase of an LNG-fired power station in Yangon’s southeastern township of Thaketa went online in mid-June. It was built by a 50/50 joint venture between state-owned China National Technical Import and Export Corporation (CNTIC) and Hong Kong-listed independent power producer VPower Group, together with RGK+Z&A Group as a local partner. The 477MW project is one of three planned by the Chinese consortium, which will have a combined capacity of 900MW and cost more than
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