Govt can renegotiate gas-export contracts, Parami CEO says

Myanmar should renegotiate its gas-export contracts with neighbouring countries to solve its energy crisis, Parami Energy Group chief executive officer Pyae Wa Tun said, suggesting that about half of the natural gas being exported should remain in Myanmar. Renegotiating the contracts would free Myanmar from the need to pursue environmentally risky large-scale hydropower projects and […]

Coal-fired power station project to halt if gov’t disapproves

YANGON—Kaung Myat Thaw Myay Co Ltd, a subsidiary of Myanmar’s conglomerate Asia World, said it would halt a project to build several coal-fired power plants in Kungyangun Township if the government does not approve, according to the project’s general manager. The company organized a meeting with residents of the project area at Thaungkon Village on […]