Whole of Myanmar to be powered by national grid in 2030

The Ministry of Electricity and Energy says Myanmar is on track to receive electricity from the national grid by 2030. Minister of Electricity and Energy U Win Khaing said that 58 percent of the country currently has access to the national grid but plans are in the pipelines to expand this coverage to 100 pc […]

Myanmar more use of LPG, locally produced oil for cooking

Myanmar will distribute liquefied petroleum gas (LPG) to one million local households this fiscal year as part of a national plan to reduce the use of electricity and firewood when cooking, said U Win Khaing, Minister for Electricity and Energy. At one million, it is estimated that around 10 percent of the country’s households will […]

KBZ Group, PTT partner to develop oil terminal

The Kanbawza Group (KBZ) and Thai state-owned PTT Public Company (PTT) will enter into a joint-venture agreement through their subsidiaries for oil-terminal development and retail business expansion, the companies’ said in a press release. KBZ’s Brighter Energy Co and Brighter Energy Retail Co will partner with PTT’s subsidiary PTT Oil and Retail Business Public Co […]

Investors to be invited to boost LPG, CNG businesses

Investors will be invited to boost gas exploration as well as LPG and CNG businesses, said Union Minister Win Khaing for Electricity and Energy. He said investment in such businesses would help improve Myanmar’s electricity sector. “To improve the electricity sector, we will invite investors to cooperate with us in exploring gas and developing LPG […]

Awra Trading Co to supply LPG as petrol alternative in Yangon

Awra Trading Co Ltd will start supplying liquefied petroleum gas (LPG) as an alternative to petrol in Yangon, said chair U Kyaw Myo Naing. On December 16, the local company launched its LPG Auto Gas Filling Station & LPG Conversion Kit Installation Center in Shwe Pauk Kan Industrial Zone, Yangon. “We are expanding and now […]

Myanmar energy firm plans $35m investment

DRIVEN by its vision to become an innovative leader in Myanmar’s growing energy sector, locally-owned Parami Energy Group of Companies plans to invest US$35 million (Bt1.15 billion) in its LPG (liquefied petroleum gas) business over the next three years, according to Group CEO Ken Tun, aka Pyae Wa Tun. He told a media roundtable on […]

Parami Energy to invest US$25m for LPG distribution

Parami Energy will accelerate the distribution of liquefied petroleum gas (LPG) next year, CEO U Pyi Wa Tun said yesterday. He said in a press conference that starting from December 12, 150,000 Parami LPG cylinders will be distributed in the market and before April 2019, 50pc of the LPG cylinders will be distributed in Yangon […]

Electricity subsidy is wrong, Pun tells minister

Business leader Serge Pun weighed into the debate on the country’s energy tariff reforms at the Myanmar Global Investment Forum in Nay Pyi Taw on September 11, calling the electricity subsidy “wrong” and saying that the authorities are not pushing reforms due to “political sensitivity.” “I think it [subsidising electricity] has always been a wrong […]

Parami Energy to distribute LPG under its own brand

Parami Energy Group of Companies, a local firm, will distribute liquefied petroleum gas (LPG) in Myanmar under its own brand, CEO U Pyi Wa Tun told The Myanmar Times. Parami Energy, one of the two firms permitted by the government to import and sell LPG in the country, commenced wholesale distribution of LPG after winning […]

Elite Petrochemical launches first private-sector LPG project in Myanmar

Elite Petrochemical Co launched its Liquefied Petroleum Gas (LPG) Terminal and Port Facility at the Thilawa Special Economic Zone on Saturday. The terminal is the first private sector-led LPG investment open for business in the country. The terminal was developed under a Build, Operate and Transfer (BOT) agreement across 49 acres of land in Thilawa […]