Myanmar’s gas production dilemma

As the scramble for more power sources intensifies, focus has centered on tapping Myanmar’s gas fields to meet demand. But can the country afford its own gas? Myanmar is under pressure to double its power production capacity to 6000 megawatts (MW) within the next two years, in order to meet rising demand. Several power generation […]

Domestic natural gas to be made available by 2023: MOEE

Larger volumes of natural gas will be available from Myanmar’s onshore and offshore gas fields within the next five years, yielding fresh opportunities for international oil and gas firms to invest in the sector, said U Win Khaing, Union Minister for Electricity and Energy (MOEE). “Gas production will be a priority for the government over […]

China unlikely to repeat LNG import surge

Govt, firms will control demand in coming winter: UNIPEC China is unlikely to see a repeat surge in liquefied natural gas (LNG) imports this coming winter as the world’s largest energy consumer has learned from the previous cold season to keep demand under control, the head of China International United Petroleum & Chemicals Co (UNIPEC) […]

MOEE lowers price of electricity meter boxes for residents

Fees for residential electricity meter boxes will be revised downwards with effect from April 1 according to an official statement from the Electricity Supply Enterprise under the Ministry of Electricity and Energy (MOEE) l Under the new pricing scheme, consumers will be organised under rural use, small-city use and big-city use and charged different rates […]

Government still negotiating LNG import, purchase price

The Ministry of Electricity and Energy (MOEE) is still negotiating the terms of several power purchase agreements (PPA) which will determine the amount of power that will be purchased and distributed to the public over the next three years. The PPAs are being discussed with parties involved in importing and converting liquefied natural gas (LNG) […]

Indian Oil planning to enhance fuel trade with Bangladesh, Myanmar

NEW DELHI: Indian Oil Corp, the nation’s largest refiner and fossil fuel retailer, in in talks with Bangladesh and Myanmar to enhance trade of petroleum products and offer its expertise to set up oil infrastructure in the two countries. This month, Indian Oil will open offices in Bangladesh and Myanmar, with a plan to closely […]

Myanmar powers up

The government of Myanmar has made energising the power sector an urgent priority, aiming to provide electricity to the whole country by 2030 at the latest. While hydroelectric dams will provide most power, new gas-powered plants and liquefied natural gas (LNG) will increase the supply in the medium term. International finance and expertise are being […]

IOC bids for fuel marketing and retail rights in Myanmar

New Delhi: State-run Indian Oil Corp (IOC) has bid for rights to import, store and distribute petroleum products in Myanmar. “We have put in a bid to enter fuel marketing and retail business in Myanmar,” a senior company official said. Myanmar Petroleum Products Enterprise (MPPE) last year invited companies to form a joint venture for […]

A special zone on Myanmar’s border

DAWEI (Myanmar) • It has been eight long years since engineer Suphap Satthathum first set foot in the tropical scrub jungle by the immense curve of beach near the port town of Dawei, in Myanmar’s southernmost Tanintharyi state that borders Thailand. But today, as he strides on the jetty his construction company has built, he […]

Shell offshore survey to begin next month

The Anglo-Dutch firm and its Japanese partner Mitsui Oil Exploration signed production sharing contracts with Myanmar in February for blocks AD-9 and AD-11 in the Rakhine basin, and MD-5 in Tanintharyi basin. The firms won the blocks as part of the 2013 offshore bidding round, which saw 20 blocks won by several international companies. Graeme […]