Shell to Cooperate in Development of Myanmar LNG Terminal

Shell has signed an agreement with Italian-Thai Development Public Company limited (ITD) and LNG Plus International company limited (LNGP) to cooperate on the development of a proposed LNG receiving and re-gasification terminal in the Dawei Special Economic Zone (DSEZ) in Myanmar.

Roger Bounds, Vice President Global LNG at Shell said earlier this week: “We are very pleased with this agreement. We believe that this opportunity will enable Shell, together with its partners, to bring its global expertise in LNG to Myanmar to help meet the country’s energy aspirations.”

Under the agreement, Shell will provide technical expertise on the development of the LNG terminal. It will also have access to terminal capacity and supply LNG to DSEZ customers. 

Earlier this month, Thailand's Italian-Thai Development PCL signed a concession agreement with Myanmar to construct the terminal. The $500-million LNG terminal is part of a $1.7-billion deal to develop the first phase of the long-delayed Dawei project, which includes a $500-million, 450-megawatt gas-fired power plant.