Mitsubishi to conduct tests in Ayeyarwady

Mitsubishi Corporation says it is to conduct soil tests as the Japanese company proceeds with plans for a coal-fired power plant in Ngayokekaung township, Ayeyarwady Region. The coal-fired power plant project will be developed by Mitsubishi and A1 Company as a local partner. The two parties agreed last year to use Japanese “clean coal” technology […]

Over 140 joint ventures in Myanmar’s growing oil and gas sector

The number of joint ventures between local and international energy companies now exceeds 140 say officials from the Ministry of Energy. According to Myanmar’s most recent foreign investment law, foreign companies are generally required to make joint ventures with local companies in order to invest in the oil and gas sector. On June 12, a […]