Four Firms Shortlisted for Myanmar Jet Fuel Distribution Venture

Four firms from Thailand and Singapore will go through to a final round of bidding to form a joint venture in Myanmar for distributing jet fuel with state-owned Myanma Petroleum Products Enterprise (MPPE), a senior Energy Ministry official said.

“Singapore-based Singapore Petroleum and Puma Energy Group Ltd and Thailand-based PTT and Bangkok Aviation Fuel Services are the four shortlisted out of the 13 pre-qualifiers for the final round of the bidding,” the official told Reuters, asking for anonymity since he was not a spokesman.

“One of them will become our partner in the joint venture. It’s a bit early to say when exactly the final selection will be carried out,” he added.

MPPE is currently the sole distributor of jet fuel in the country. Demand at the three international airports in Yangon, Mandalay and capital Naypyitaw is expected to grow quickly as tourist numbers climb following the end of military rule in 2011.

Source: Myanmar BUSINESS TODAY

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here