On August 30 the Ministry of Electricity and Energy (MoEE) announced it would be opening fresh rounds of bidding for oil and gas blocks in the first half of next year, and there are plans to launch a tender for at least one onshore block before the end of 2018. If all goes according to […]
Total announces positive appraisal of A6 Block discovery, offshore Myanmar
September 26, 2018 by
Total announces a successful appraisal of the A6 Block, Shwe Yee Htun-2 discovery, offshore Myanmar, completing a major step towards confirming a commercial project. The well was drilled to a final depth of 4,820 m and encountered 40 m of net gas pay in a high-quality reservoir. Preliminary tests confirm good reservoir quality, permeability and […]
Scan raises capital for Myanmar operation
September 19, 2018 by
SET-listed Scan Inter Plc (SCN), a natural gas trader and operator of compressed natural gas (CNG) stations, has increased its registered capital by 97.63 million baht via a private placement (PP) to beef up its solar power plant operation in Myanmar. The registered capital comes at an offering price of 4.50 baht per share. Scan’s […]
Thai-Myanmar Joint-Venture YIG to Produce Four Types of Gases in Yangon
September 13, 2018 by
Yangon Industrial Gas Company Limited, a joint-venture between Myanmar investors and Thailand’s Bangkok Industrial Gas Co. Ltd, will produce four types of industrial and medical gases in 2020. “We are now in talks for land, and have ordered machinery. The plant will start operating as soon as the machineries arrive. We expect we will be […]
Prospects of huge gas reserves in deep sea
August 15, 2018 by
Bangladesh has discovered the prospects of a big deep-sea gas reserve after the resolution of its maritime boundary dispute with Myanmar and India. A 2D seismic survey along the Myanmar border has revealed that Bangladesh could have a minimum of five prospective structures in the Bay of Bengal in Block D-12. The operator of the […]
India plans to set up LNG terminal in Myanmar
August 6, 2018 by
New Delhi: India is planning to set up a liquefied natural gas (LNG) import terminal in Myanmar as it looks to expand energy diplomacy in its neighbourhood, oil minister Dharmendra Pradhan said on Friday. The terminal to import super-cooled natural gas will be in addition to the similar facilities planned by Indian firms in Bangladesh […]
Oil and gas responsible for half of Myanmar’s debt
July 3, 2018 by
While being the highest generator of revenue for the country, the oil and gas industry is also responsible for accepting half of the loans taken by the country, said Daw Moe Moe Tun, civil society representative of the Extractive Industries Transparency Initiative (EITI) during the release of its report on Myanmar. “The contribution of revenue […]
Myanmar’s electricity goals depend on ODA
May 2, 2018 by
With 5.5 percent annual growth of gross domestic product, Myanmar was one of the fastest growing countries in ASEAN during 2011-2015. The growth of Myanmar’s economy is heavily influenced by the government’s focus on promoting special economic zones among investors.Subject to the implementation of this focus, infrastructure development in energy is vitally important to make […]
After winter gas crunch, China pumps for underground storage
April 20, 2018 by
CHONGQING, China (Reuters) – On one of the many mountains in southwest China’s sprawling region of Chongqing, a dozen wells in an exhausted gas field are this week starting to take in fresh fuel piped in from Central Asia’s Turkmenistan, thousands of miles away. For the next six months, state energy giant PetroChina, operator of […]
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