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Ministry plans to stabilise fuel oil price

In an attempt to control rising fuel oil prices, eight State-owned fuel filling stations will directly sell fuel at a fair price as of July 1, according to the Ministry of Electricity and Energy. Rising fuel prices are coupled with an increase in the global fuel price and currency exchange rates. The ministry will sell […]

Myanmar Petrochemical Enterprise invites open tender for Machine & Spares, Chemical materials; Closing Date: Jan 28, 2016

Subscribe to our tender alert mailing list Ministry of Energy Myanmar Petrochemical Enterprise Invitation for Open Tender (9/2015) 1. Myanmar Petrochemical Enterprise invites open tender for the following items: Purchased by Myanmar Kyat (a) Machine & Spares LPG Flexible Oil Hose, 25% Carbon Teflon Hollow Tube, Portable Moisture Analyzer, Cooler Tube, Standard Gas (b) Chemical […]

Myanmar Petrochemical Enterprise invites open tender for the Conveyance of Yetagun Condensate from Yetagun Marine Terminal Offshore; Closing Date: Jan 28, 2016

Subscribe to our tender alert mailing list Invitation for Open Tender (Tender No.5 (T) MPE/ CONDENSATE (1)/2015-2016) 1. Open Tender is invited for the Myanmar Petrochemical Enterprise, the Ministry of Energy for the Conveyance of Yetagun Condensate 1.05 Million Barrels (±5%) from Yetagun Marine Terminal Offshore to No.(1) Refinery (Thanlyin). 2. Tender Closing Date : […]

Myanmar Petrochemical Enterprise invites for the supply of Mixed LPG (1,800 MT=5%); Closing Date: Dec 1, 2015

Subscribe to our tender alert mailing list Invitation for open tender (Tender No. 4(T) MPE/MIXED LPG (1)/2015/2016) 1. Open Tender is invited for the Myanmar Petrochemical Enterprise, the Ministry of Energy for the supply of Mixed LPG (1,800 MT=5%) 2. Tender Closing Date : December 1, 2015 at 12:00 noon 3. Tender Opening Date : […]

Puma and PTT left standing in race for refinery

a href=”https://youtu.be/pCvYiQYDHcE” target=”_blank”> Two firms are still competing for the rights to join Myanmar Petrochemical Enterprise in refitting for the Thanlyin Refinery Joint Venture Project, according to a statement. Although about 20 international companies had initially signaled interest in the project, only four submitted proposals. The list has now been narrowed to two, PTT and […]

Myanmar’s oil sector attracts investment

The opening up of Myanmar’s economy after decades of isolation has led to a jump in oil demand, attracting local and foreign investors to build oil storage tanks and a terminal to meet rising consumption. Here are some details on the country’s oil sector. OIL DEMAND Fuel demand rose more than 5 percent to over […]

Myanmar’s Oil Sector Attracts Investment

The opening up of Myanmar’s economy after decades of isolation has led to a jump in oil demand, attracting local and foreign investors to build oil storage tanks and a terminal to meet rising consumption. Here are some details on the country’s oil sector. Oil demand Fuel demand rose more than 5 percent to over […]

Myanmar Buys 2.3 Million Barrels Gasoil, Jet Fuel in Annual Deals

Myanmar has awarded annual contracts to buy gasoil from PetroChina and jet fuel from a North Asian trading firm for delivery between April 2014 and March 2015, trade sources said. State-owned Myanmar Petrochemical Enterprise (MPE) has bought 1.645 million barrels of gasoil with 0.5 percent sulphur content and about 760,000 barrels of jet fuel, about […]