Ministry of Electric Power and Energy to open petrol stations

The Ministry of Electric Power and Energy is planning to cooperate with a foreign company to sell and distribute petrol and diesel fuel to government ministries and will open petrol filling stations to compete with the private sector, said Thant Zin, director general of the Myanma Petroleum Products Enterprise. The joint-venture process will be finalised […]

Foreign fuel tender to come in October

Foreign firms will be likely be invited to compete to form a joint venture to distribute fuel in October, said Myanma Petroleum Products Enterprise (MPPE) director U Myint Zaw. Private fuel importing has been allowed since 2010, but foreign firms have so far been prevented from setting up shop. The successful firm in the joint […]