Aconsortium of three Japanese trading houses, together with local partner Eden Group, has received the go-ahead for a liquefied natural gas (LNG) power project in Myanmar. The country’s Ministry of Electricity and Energy (MOEE) has granted the joint venture – comprised of Marubeni Corporation, Mitsui & Co, Sumitomo Corporation, and the Myanmar-based conglomerate Eden – exclusive rights to develop, operate and own a 1,250-megawatt (MW), LNG-fuelled thermal power plant, plus an onshore LNG receiving, storage and regasification facility located in the Thilawa port area on the outskirts of country’s capital of Yangon.
