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Project Insights

LNG-to-power projects stall in Myanmar

Myanmar approved three LNG-to-power plants in early 2018, but delays in agreeing PPAs mean the projects are likely to miss their planned startup dates Myanmar approved three LNG-to-power plants in early 2018, but delays in agreeing PPAs mean the projects are likely to miss their planned startup dates.
By Damon Evans 11 April 2019 Asia Pacific / LNG 0 34122
Centre of Yangon in Myanmar. (Francisco Anzola, Flickr)

The key issue: Myanmar has failed to finalise power-purchase agreements for three proposed LNG-to-power projects. Any further progress is likely to be slow, especially as looming national elections threaten to cause a legislative gridlock.

Interfax analysis: Delays to securing power-purchase agreements (PPAs) for three integrated LNG-to-power projects in Myanmar will make it difficult for the developers to meet their planned startup date of 2021. The Ministry of Energy announced it had approved the schemes in early 2018, with PPAs targeted to have been signed by...