Power sector: Lofty goals, missed targets

The power sector in Myanmar over the past five years has been characterized by ambitious plans and unrealized targets. While a few power projects have been completed during the outgoing government’s term, others were suspended or cancelled and dozens more remain in limbo. Myanmar remains one of the least-powered countries in Southeast Asia. Just over […]

Ministry scrambles after leaking offshore bidding news

The Ministry of Energy called an emergency meeting yesterday after an unnamed official told state newspaper Myanma Alinn that bidding rounds for oil and gas blocks would be announced next year. “In 2016, we will announce bidding rounds for 26 oil and gas blocks including onshore and offshore. The future bidding rounds are aiming to […]

No more bidding on oil and gas blocks planned until at least 2016, says senior MOGE official

Myanmar Oil and Gas Enterprise (MOGE) will not launch any new onshore or offshore bidding rounds this year, and will focus instead on the development of recently contracted blocks, the state-owned enterprise said last week. “We are not going to launch any more bidding until 2016, as previous bidding rounds are still ongoing. In the […]

PetroleumBRUNEI won the bid for onshore block in Myanmar

BANDAR SERI BEGAWAN:Brunei National Petroleum Company Sdn Bhd (PetroleumBRUNEI) has officially been awarded an onshore block in Myanmar after having signed a contract with Myanmar Oil and Gas Enterprise Pte Ltd (IGE) yesterday, Brudirect reported. The signing of the Production Sharing Contract (PSC) was carried out at Myanmar’s Grand Amara HOTEL in Nay Pyi Taw […]