Sep 2, 2014

Eight companies given nod to import LNG

The Ministry of Energy ministry gave permission to eight companies to import liquefied natural gas (LNG) on August 7, sources said.

The eight companies are Asia World, Myanmar LPGG, Universal Energy, Kaung Htet Myanmar, Yuan Yuan, Infinite Benevolence Trading, Standard Family and Forward General Trading.

On August 23, five of them jointly imported 1,780 tonnes of liquefied natural gas by a tanker, sources said. The imported liquefied gas is being stored at state-owned Thanlyin oil refinery.

On July 1 the ministry announced a tender for private companies to import the LNG. Ministry officials said there was not enough gas to supply new gas-fired power plants, particularly four gas-fired plants planned for Yangon Region

Source: Eleven Weekly Media