Mon State officials are keen on a partnership with a private firm to build a base for resupplying offshore oil and gas projects, though national officials say they have not yet heard of the venture.
The Mon State government and Myanmar Offshore Supply Base, a subsidiary of a Singapore firm called 2 Fish Company, aim to build the project in the state’s Mudon township.
State officials said building the project is not certain and involves a number of future approvals, but could assist with developing the region – though national-level Myanma Oil and Gas Enterprise officials say the venture has not yet been in contact.
U Thet Win, a minister from Mon State, said the facility will be built at the confluence of the Thanlwin River and Waekali Creek. Groundbreaking is set for this month, though the project does not yet have all necessary permits.
“This project needs permission from Myanmar Investment Commission and is related to a few other ministries,” he said.
The project is slated to cover 193 acres, with 46 acres on the riverfront, aiming to provide support to oil and gas operators, the firm said in a press release. Myanmar currently has one offshore supply base under Myanma Oil and Gas Enterprise (MOGE). U Thet Win said that MOGE’s Thaketa base is near Yangon, far from the area the new project hopes to service.
MOGE general manager U Kyaw Nyaw Tun said an agreement has been struck only with Mon State so far. “They haven’t yet approached MOGE,” he said. U Kyaw Nyaw Tun said the firm must discuss the operation with the state-owned enterprise at some point.
The announcement comes as offshore activity is set to pick up following a 2013 move to open up several energy blocks.
Source: Myanmar Times