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Energy

Japan Marubeni wins deal for $2bn Myanmar LNG power plant

Marubeni, Sumitomo and Mitsui to build project equal to 20% of existing capacity

A liquefied natural gas-fired power plant in Futtsu, Chiba facing the Tokyo Bay (Photo by Shinya Sawai)

YANGON/TOKYO -- Trading houses Marubeni, Sumitomo Corp. and Mitsui & Co. will build a liquefied natural gas-fired power plant in Myanmar, one of the biggest investments by Japanese companies in the Southeast Asian country, people familiar with the matter say.

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