Events

Local Myanmar Issues for LNG to Power Projects

January 31, 2020 - Yangon: 1.00pm | Bangkok: 1.30pm | Singapore, Hong Kong, Malaysia: 2.30pm | Seoul, Tokyo: 3.30pm
Location: Live Webinar Event
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Local Myanmar Issues for LNG to Power Projects

31 Jan 2020
Yangon: 1.00pm | Bangkok: 1.30pm |
Singapore, Hong Kong, Malaysia: 2.30pm | Seoul, Tokyo: 3.30pm

Duration: 1 hour

LNG remains at the very forefront of Myanmar’s ever increasing problematic lack of electric power. After running a tender for 4 temporary power projects from LNG and gas, won by VPower, the press keeps reporting on more, additional or alternative LNG projects near Thilawa and elsewhere. In this unique live webinar, the VDB Loi team that secured 100% of Myanmar’s MIC permits in the electric power sector in 2019, shares its insights on some of the key local legal, permitting, land and tax issues they have encountered assisting sponsors with LNG projects in Myanmar in recent years.

HIGHLIGHTS

  • Pipelines and transmission lines over state and private land: How are the approvals formalised? What has been the practice?
  • Update on sovereign guarantees: Which authorities are now required to be involved?
  • What does the MIC require for MIC permits in the power sector? Update on new practices based on actual experiences
  • Which tax "traps" do you need to be aware of for an LNG project?
  • The draft LNG licensing regulation: a look ahead

PROGRAM

LNG remains at the very forefront of Myanmar’s ever increasing problematic lack of electric power. After running a tender for 4 temporary power projects from LNG and gas, won by VPower, the press keeps reporting on more, additional or alternative LNG projects near Thilawa and elsewhere. In this unique live webinar, the VDB Loi team that secured 100% of Myanmar’s MIC permits in the electric power sector in 2019, shares its insights on some of the key local legal, permitting, land and tax issues they have encountered assisting sponsors with LNG projects in Myanmar in recent years.

  1. Introduction
  2. Selected hot regulatory issues for LNG to Power projects
    • MIC Permit aspects: new practices and lessons learned
    • One or two onshore project companies?
    • One or two MIC permits?
    • Regulations affecting LNG
  3. Some key issues related to the project sites
    • Land rights for pipelines and transmission lines
    • Port terminal leases: practical experience and legal aspects of subleasing or re-assigning use of the site
  4. Financing issues
    • Sovereign guarantees update
    • Update on how to register security onshore
  5. Tax planning
    • Tax treatment of an LNG to Power supply chain
    • Key tax issues to watch out for
  6. Q&A

VDB LOI’S EXPERIENCE IN MYANMAR LNG TO POWER:

VDB Loi is a leading firm “the largest law firm in Myanmar” ([publication name]) is widely recognised for its unrivalled experience in Myanmar’s power sector. The firm worked on 6 out of 6 power deals signed in 2016-2018, has been engaged by 6 out of 6 sponsors of Myanmar’s priority hydropower projects, and secured MIC permits for 100% of the IPP projects approved by MIC in 2019. We worked on more than a dozen planned LNG or LNG2Power projects, some very advanced or having received NTPs, in Ayawaddy, Thanintharyi, Yangon, Rakhine and Mon state. We excel at land and various regulatory issues, securing MIC permits, Myanmar law project documentation, Myanmar law financing and security aspects, and tax matters.

SPEAKERS

Edwin Vanderbruggen
Senior Partner

Edwin is the senior partner of VDB Loi and a leading foreign legal advisor living in Myanmar since 2012. A frequent advisor to the Government on transactions and privatizations in energy, transportation and telecom, he is widely recognized for his “vast knowledge” (Legal 500) and his ability “to get difficult things through the bureaucracy ” (Chambers, 2016). He advises international financial institutions on their largest Myanmar transactions, oil and gas supermajors, a greenfield multi- billion US$ telecom project and the Japanese Government on the Thilawa SEZ. He assisted two newly licensed foreign banks setup in Myanmar, acted for the sponsor of an 800MUS$ urban infrastructure PPP project and works on the vast majority of IPP deals in the country.

Charles Magdelaine
Senior Counsel

Charles is a lawyer qualified to practice in Paris educated in France, the United States and China. He has extensive experience in the documentation, financing and negotiation of energy projects. Charles is currently advising Total and Siemens on the MW 1,230 LNG-to-power project in Kanbauk.

Marc Maung
Manager

Marc Maung is a Manager in VDB Loi’s Energy and Infrastructure team. He advises sponsors, government agencies and lenders on a wide range of local issues concerning their projects, including hydropower, thermal power, transport infrastructure and real estate. He has deep land acquisition project experience with development and regulatory issues and through his language skills and commercial experience, he is uniquely placed to liaise with government departments on a wide range of project matters.

Ngwe Lin Myat Chit
Senior Tax Manager

Ngwe Lin has a master’s degree in finance from Umea University in Sweden and a bachelor degree in Commerce from the University of Newcastle Australia. She has extensive experience in energy, communications and foreign investment She is a Senior Tax Manager in our Tax team, advising mostly multinational clients in a wide range of industries.

HOW TO REGISTER AND ATTEND?

This is an online webinar event. To register for the event, please click HERE or contact Thiha Zaw (thiha.zaw@vdb-loi.com), +95 9 773 788 813, +951 925 3752~756. After registration, we will send you an official confirmation with information on how to join the webinar. Our IT Department will also setup the webinar connection one day before the event in coordination with your relevant staff.

WEBINAR STARTING TIMES

VDB Loi is a network of leading law and tax advisory firms with offices in Cambodia, Indonesia, Laos, Myanmar and Vietnam.
Our general areas of practice are corporate, finance, licensing and disputes.
Our principal specialized areas of practice are energy, infrastructure, real estate and construction , telecom and taxation.

EVENT DETAILS

Date:
31 January 2020

Location and Time:
Yangon: 1.00pm | Bangkok: 1.30pm | Singapore, Hong Kong, Malaysia: 2.30pm | Tokyo: 3.30pm

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Register for the event

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If you have any questions, please contact Thiha Zaw (thiha.zaw@vdb-loi.com.)
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