IOC bids for fuel marketing and retail rights in Myanmar

New Delhi: State-run Indian Oil Corp (IOC) has bid for rights to import, store and distribute petroleum products in Myanmar. “We have put in a bid to enter fuel marketing and retail business in Myanmar,” a senior company official said. Myanmar Petroleum Products Enterprise (MPPE) last year invited companies to form a joint venture for […]

A special zone on Myanmar’s border

DAWEI (Myanmar) • It has been eight long years since engineer Suphap Satthathum first set foot in the tropical scrub jungle by the immense curve of beach near the port town of Dawei, in Myanmar’s southernmost Tanintharyi state that borders Thailand. But today, as he strides on the jetty his construction company has built, he […]

Shell offshore survey to begin next month

The Anglo-Dutch firm and its Japanese partner Mitsui Oil Exploration signed production sharing contracts with Myanmar in February for blocks AD-9 and AD-11 in the Rakhine basin, and MD-5 in Tanintharyi basin. The firms won the blocks as part of the 2013 offshore bidding round, which saw 20 blocks won by several international companies. Graeme […]

Shell and Thai Firms to Develop LNG Terminal in Myanmar’s Dawei SEZ

Royal Dutch Shell plc recently entered into an agreement with Thailand-based companies to develop a liquefied natural gas (LNG) terminal at the Dawei special economic zone in the Tanintharyi Region in Myanmar, local daily Myanmar Times reported Monday. The European major signed a Joint Development Agreement (JDA) with Italian-Thai Development Public Company Limited and LNG […]

Italian-Thai to construct $500m LNG terminal in Dawei, Myanmar

Thailand-based construction firm Italian-Thai Development is planning to construct a liquefied natural gas (LNG) import terminal at Dawei industrial zone Myanmar, with an investment of $500m. LNG The LNG terminal is part of the first phase of the $1.7bn Dawei project. It will be designed with an annual capacity of six million tons. The LNG […]