PTT Exploration and Production (PTTEP), a subsidiary of Thailand's national oil and gas conglomerate PTT, already has several investments in Myanmar. PTTEP operates six exploration and production projects in Myanmar, of which four are offshore. The company started producing gas from the offshore Zawtika project in 2014, bringing up 320 million to 345 million cu. feet per day. Around 240 million cu. feet is exported to Thailand, while 10 million to 100 million cu. feet is sold to local gas-fired power plants.
To use of the surplus gas, PTTEP plans to invest in gas fired power plant in Myanmar. It has partnered with Global Power Synergy, an electricity and utilities unit of PTT, for the feasibility study for the medium size gas-fired power plant expected to be located in southwestern Yangon and supply power to the city and nearby areas.
The plans for the proposed power plant are already submitted to Myanmar's energy ministry.
Meanwhile PTT is also planning to join Myanmar’s new bidding round for oil and gas exploration rights, expected to be open by end of 2018.
Find out more about gas-fired power projects in Myanmar at CMT’s 5th MPS (Myanmar Power Summit) on 15-16 November, 2018 in Yangon.
30 Oct, 2018
In a bid to relieve some of its electricity woos, Myanmar is building gas-fired power plants.
The Sembcorp Minygyan Power Company along with the Ministry of Electricity and Energy of Myanmar is building a 225-MW power project in Mandalay - on a build-operate-transfer (BOT) model. The Mandalay plant will have two high-efficiency gas turbines and waste heat generators. The first phase of the Myingyan Power Plant has already begun and it is distributing 143 MW to the National Grid. The project is one of Myanmar’s largest gas-fired power plants and has a key role in meeting the country’s growing demand for electricity.
This year, Myanmar also inaugurated the Thaketa gas-fired combined cycle power plant in Yangon - which is a joint venture between Myanmar’s Ministry of Electricity and Power, U Energy Thaketa Power and China's Union Resources and Engineering Co. (UREC).
With a capacity to generate 106 MW, the plant is expected to ease the electricity shortage in Yangon region. The plant is built in the Thaketa township, 16 km east of Yangon and 25.6 km away from the Thilawa Special Economic Zone.
Know more about Myanmar’s gas-fired power generation at CMT’s 5th MPS (Myanmar Power Summit) on 15-16 November, 2018 in Yangon.
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25 Sep, 2018
Myanmar is a power starved nation with only 60 million of its people connected to the electrical grid. Power cuts and blackouts are common in Myanmar and the government is trying to correct the situation by increasing electricity generation in the next few years.
The country aims to double its electric power capacity by 2021 through several natural gas-fired power plants with further plans of increasing its power generation by over fourfold by 2030.
Already four gas-fired power plants are planned at a total cost of US$5.16 billion – expected to be built by 2021. These plants are estimated to raise electricity generation capacity by 3,100MW.
The plants would mostly use imported liquefied natural gas (LNG). Although Myanmar has gas reserves, the country exports most of its existing offshore production. It plans to deploy floating gas storage and regasification units to store LNG for these power projects.
To speed up the process, Myanmar's government has signed agreements to "start preliminary engineering work," such as environmental assessments, with six companies including - TOTAL, Siemens AG , Zhefu Holding, TTCL Public Company Ltd , Sinohydro Corporation and Myanmar-based Supreme Trading.
The latest developments in Myanmar’s electricity generation is discussed at CMT's 5th Myanmar Power Summit, on November 15-16, 2018 in Yangon.
01 Jun, 2018
