Myanmar’s Oil Production Tipped to Decline; Fuel Imports to Increase

Myanmar will become increasingly dependent on imported crude oil and refined fuels over the next ten years because of a lack of planning and investment, an industry report has forecast. A rise in crude oil imports is highly likely in spite of an expected upsurge in onshore and offshore exploration in coming years, while underinvestment […]

Uncertainty over law clouds Telecom tender

Consortiums submitting final bids this week for two telecoms licences are grappling with a number of uncertainties, particularly over the legislative framework for telecoms liberalisation. Analysts said these uncertainties could have a dampening effect on how much contenders are willing to offer as a licence fee but have broadly praised the government’s handling of the […]