The Key to Jumpstarting Myanmar’s Economy: Electricity

It’s no secret that the National League for Democracy (NLD) faces myriad challenges in improving Myanmar’s socioeconomic situation. In fact, its biggest challenge might be deciding which issues to address first. Led by Nobel Laureate Aung San Suu Kyi, the NLD has made the peace process, which is aimed at ending decades of strife between the […]

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 […]

No longer a backward nation’: Myanmar launches first stock exchange

The bourse is currently open only to domestic investors and firms, although there are plans to allow foreign involvement in the future. Myanmar launched its first stock exchange with just one listed company on Friday, with hopes the move could aid the country’s economic rise as it emerges from decades of isolationist military rule. The […]

Myanmar citizens hope for positive change after government shake-up

Myanmar’s new government is expected to announce its cabinet line-up for 18 of the 21 ministries next week, and the public have expressed hope that they will be able to see a positive change. YANGON: Myanmar’s new government is expected to announce its cabinet line-up for 18 of the 21 ministries next week. Key ministries […]

Can This Frontier Venue For NatGas Reel In Serious Investment?

After five decades of oil and gas exploration stagnation and mismanagement of natural resources under military rule, Myanmar (formerly Burma) in March elected its first non-military president since the 1962 coup, and if it all plays out right, it could open the floodgates for investment in this strategically vital oil and gas venue. On 15 […]

Shell begins review of BG Myanmar assets

Royal Dutch Shell has embarked on a detailed review of BG Group’s assets in Myanmar after the international oil giant completed a US$53 billion acquisition of its British rival on February 15. The two companies have been in discussions about the sale since 2014, but their Myanmar assets have not yet been combined, officials said. […]

Myanma Petroleum Products Enterprise invites Open Tender for 8/2015; Closing Date: Dec 16, 2015

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Ministry of Energy Myanma Petroleum Products Enterprise Invitation for open tender (8/2015) 1. Myanmar Petroleum Product Enterprise will purchase for Multi Grade Diesel Engine Oil 15W 40 CF4/SG (40) Drums (Open Tender No. MPPE/POL/T/1(2015-2016) with Myanmar Kyat. 2. […]

Ministry of Energy announced the 4 shortlisted companies for the tender “for JV project of Importation, Storage, Distribution & Sales of Petroleum Products”

Tender for the Joint Venture Project of Imporation, Storage, Distribution and Sales of Petroleum Products of Myanm Petroleum Products Enterprise 1. Myanmar Petroleum Products Enterprise (MPPE), the Ministry of Energy has announced an “Invitatioin to Tender (ITT)” for the Joint Venture Project of Importation, Storage, Distribution and Sales of Petroleum Products of Myanm Petroleum Products […]

Myanmar Oil & Gas Enterprise invites open tender to Bidders to manage building as offices; Tender opening Date: Nov 23, 2015

Ministry of Energy Myanmar Oil & Gas Enterprise Tender Selection Committee (Service Section Tender No 1/2015) 1. Land and Buildings at No. 604/608 on Merchant Rd, Padeban Township, and Yangon region owned by Myanmar Oil & Gas Enterprise under Ministry of Energy will be managed to rent, maintain by long term system. Open tender are […]

Myanmar Petroleum Chemical Enterprise invites bidders for Propane and Butane; Closing Date: Nov 23, 2015

The Republic of the Union of Myanmar Ministry of Energy Myanmar Petroleum Chemical Enterprise Invitation to bid for Petrol and Gas 1. Propane for 200 ton and butane for 300 ton produced by No.1 Petroleum Industry (Minbu) and Petro Chemical industry (Than Pa Yar Kan) under Myanmar Petroleum Chemical Enterprise will be sold under a […]