Page 17 - GLNG Week 30
P. 17

GLNG                                        NEWS IN BRIEF                                             GLNG








                                                                                in Myanmar. It also includes a long-term
                                                                                power purchase agreement for the sale
                                                                                of generated power to the Electric Power
                                                                                Generation Enterprise (hereinafter, EPGE), a
                                                                                stated-owned enterprise under MOEE, over
                                                                                a 25-year term after commercial operation
                                                                                commences. The Project further includes
                                                                                the procurement, shipping, storage and
                                                                                regasification of LNG. Now that the NTP has
                                                                                been received, Marubeni with Sumitomo,
                                                                                Mitsui and Eden Group will proceed with the
                                                                                development of the Project by firstly carrying
                                                                                out the detailed feasibility study followed by
                                                                                procuring financing, and constructing the
                                                                                power plant and associated facilities.
                                                                                  In Myanmar, rapid economic growth
                                                                                has caused expectations to rise for overseas
                                                                                IPP developers to supply power to meet the
       service our customers have come to expect   demand for clean and reliable natural gas   increasing demand for electricity. Demand
       from Siem.”                         through US LNG export facilities,” said David   for electricity is especially high in theThilawa
         “Northeast Florida is a global leader   Slater, president and COO, DTE Midstream.   region, which has a Special Economic Zone
       in the use of LNG as a preferred fuel type   “DTE Midstream has a reputation for safety   where Marubeni also invests. Marubeni,
       for the maritime industry,” said JAXPORT   and timely project completion and the team   Sumitomo, Mitsui and Eden Group will
       CEO Eric Green. “Some of the world’s   came through again – ahead of schedule and   continue to contribute to further economic
       most environmentally friendly vessels call   under budget. We would also like to thank   development in Myanmar by supplying safe
       JAXPORT and we are proud to support   Momentum Midstream for their help in   and stable power through the project.
       these initiatives and do our part to make   completing the project in such unique times   In the power market, Marubeni has
       the supply chain cleaner and greener for the   and acknowledge Indigo Resources, a top-tier   expanded its power generation assets to over
       communities we serve.”              producer that has helped make this project   12GW (net) in 19 countries, including Japan.
         Jacksonville is the nation’s No. 2 vehicle-  possible.”                Marubeni is committed to contributing to
       handling port and the only U.S. East Coast   The LEAP gathering system was part of   the development of infrastructure in Asian
       port offering on-dock and near-dock LNG   DTE’s fourth quarter 2019 acquisition of   countries by utilising its extensive experience
       fueling capabilities.               Momentum Midstream’s Louisiana assets.   and knowledge. Also, we will continue to
         Four LNG-powered vessels are      LEAP is fully contracted under long-term,   develop LNG-to-Power projects, such as this
       homeported at JAXPORT. Three LNG    demand charge agreements. Current capacity   project, which include the energy chain of
       production and storage facilities operate in   is 1.0 bcf per day with significant economic   LNG procurement, shipping, storage and
       Northeast Florida, and a fourth facility is   expansion capabilities.    regasification to the production of electricity.
       currently under construction.       DTE MIDSTREAM, July 29, 2020         MARUBENI, July 27, 2020
       THE JACKSONVILLE PORT AUTHORITY, July 30,
       2020
                                           ASIA                                 EUROPE
       DTE Midstream’s 150-mile            Marubeni receives                    Gazprom buys land to build
       gathering system now                exclusive development                €70mn LNG plant in Bosnia

       delivering to Gulf Coast                                                 Russia’s Gazprom has acquired a land plot in

       DTE Midstream, a non-utility business of   rights of Thilawa LNG-to-     the Bosnian town of Zvornik where it intends
       DTE Energy, today announced that test gas   power project in Myanmar     to build a €70mn plant for liquefaction of
       is now flowing through its Louisiana Energy                              natural gas, eKapija reported on July 28.
       Access Project (LEAP) gathering system,   Marubeni, with Sumitomo, Mitsui & Co., and   Gazprom announced its intention to build
       which will be fully in service on August   Eden Group, has received a notice to proceed   the plant back in 2017 but until now has been
       1, 2020. The 150-mile, 36-inch gathering   (hereinafter, NTP, granting exclusive rights   looking for a suitable location. The plant will
       pipeline connects Louisiana’s Haynesville   of project development) from the Ministry   be majority-owned and financed by Gazprom
       Basin to the growing Gulf Coast region where   of Electricity and Energy of Myanmar   SPG.
       demand for natural gas is rapidly increasing in   (hereinafter, MOEE) for an LNG-to-power   Now that the land has been acquired,
       the power, industrial and liquefied natural gas   project in Thilawa, Myanmar.  Gazprom and Bosnia’s Republika Srpska plan
       (LNG) export sectors.                  The scope of this project includes   to set up a joint company.
         “This is an extraordinary project that not   the building, owning and operation of a   In December 2017, the government of
       only connects a world-class resource basin to   1,250MW LNG fuelled thermal power plant   Republika Srpska said it had agreed to the
       the Gulf Coast, a growing domestic demand   and onshore LNG receiving, storage and   conclusion of an agreement between local gas
       centre, but also helps to meet international   regasification facility of the largest capacity   company Gas-Res and Russia’s Gazprom SPG



       Week 30   31•July•2020                   www. NEWSBASE .com                                             P17
   12   13   14   15   16   17   18   19