Growing public opposition to Myanmar’s coal- and hydro-focused energy programme looks like good news for the country’s prospective LNG import project developers. However, a rise in domestic gas production could render a terminal obsolete in the medium term.
At present, much of Myanmar’s gas is exported to China and Thailand under long-term agreements, leaving little available for the domestic market. However, Jeremy Mullins, research director at the Myanmar Energy Monitor, told Interfax Natural Gas Daily that, when the next blocks come online, “there will be a larger share set aside for Myanmar”.
However, the development of new upstream resources will take time. Before then, the government is expected to launch a tender for an FSRU. Analysts had expected the tender to be launched in April, but it has been delayed.
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