Analysis: COVID-19 delays Cambodia’s LNG ambitions after initial imports from China

Cambodia broke new ground in January with its first LNG imports in ISO tanks from China, but its plans to ramp up volumes, build a floating regasification terminal and establish a gas pipeline and trucking network have been temporarily delayed because of COVID-19.

The tiny Southeast Asian country imported around 83 mt of ISO tank LNG from China’s national oil company, CNOOC, making it the first new LNG importing country in Asia in 2020, even before Myanmar imported its first cargoes in June.

This was China’s first such LNG export to Southeast Asia, the first time state-run CNOOC has attempted a small-scale gas supply business outside the country and one of the few gas projects under Beijing’s Belt & Road program.

In full: https://www.spglobal.com/platts/en/market-insights/latest-news/electric-power/100120-analysis-covid-19-delays-cambodias-lng-ambitions-after-initial-imports-from-china

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