Energy ministry cools Pertamina speculation

The Ministry of Energy held a press conference yesterday to quash rumours that Indonesian state-owned oil giant Pertamina had signed a contract to distribute petroleum products in Myanmar Indonesian media reported earlier this week that Pertamina was the likely winner of a tender to import, store and distribute petroleum products in Myanmar, quoting the company’s […]

Puma Energy beats PTT in Myanmar’s jet fuel business deal

Singapore-based Puma Energy Group has won the bid to import and distribute jet fuel to airlines at Yangon International Airport. The three other shortlisted companies were PTT and Bangkok Aviation Fuel Services from Thailand and Singapore Petroleum. A total of 23 companies applied for the licence with the Energy Ministry. PTT was the runner-up. A […]

Myanmar firm picks Puma Energy as jet fuel distribution partner

Dec 20 (Reuters) – Myanmar’s state-owned Myanma Petroleum Products Enterprise (MPPE) has chosen Puma Energy Group from a shortlist of four firms as its partner to distribute jet fuel, as demand rises from new airports and a boom in tourist arrivals. MPPE is the sole distributor of jet fuel in the Southeast Asian country, providing […]