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 for the development of a proposed Liquefied Natural Gas (LNG) receiving and regasification terminal in the Dawei Special Economic Zone (DSEZ) in 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 part- ners, 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 get a chance to use the terminal and can 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 distribution of natural gas, the cleanest fossil fuel, can be a great help to meet the country’s growing energy demands.
Shell is a global leader in integrated gas innovation, including Liquefied Natural Gas (LNG) and an LNG pioneer, with 50 years of expertise in LNG. LNG Plus International Company limited (LNGP) is a Thailand-based energy company aiming to provide clean and economical energy and energy solutions to large and small customers in Thailand and other ASEAN countries. Italian Thai Development (ITD) is one of the largest listed infrastructure construction companies in Thailand.
