Shell has signed a Joint Development Agreement (JDA) with Italian-Thai Development Public Company limited (ITD) and LNG Plus International company limited (LNGP) to cooperate on the development of a proposed Liquefied Natural Gas (LNG) receiving and re-gasification terminal in the Dawei Special Economic Zone (DSEZ) in the Republic of the Union of Myanmar.
Roger Bounds, Vice President Global LNG at Shell said: “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.
Shell looks forward to supporting the development of the Dawei Terminal and supplying LNG to the DSEZ as well as other potential areas in Myanmar. The supply of natural gas, the cleanest fossil fuel, can help meet the country’s growing energy demands.