Fuel Importers Submit Proposal for Deep-Sea Port in Yangon

Representatives of the oil and gas in­dustry have sub­mitted a business propos­al to the government to a build a deep-sea port near Yangon. “We are studying the potential logistics and feasibility of a deep-sea port project 20 miles from Yangon to reduce transportation costs for maritime trade and fuel imports,” Dr Win Myint, Secretary of […]

MOSB – the first foreign company to build an oil and gas supply base

MOSB Limited (MOSB), has received approval from the Myanmar Investment Commission (MIC) on 11July, 2017 to build and operate a supply base in Mon State, with the endorsement from the Ministry of Energy. The establishment of a supply base will support the fast-growing oil and gas industry in Myanmar and provide necessary infrastructure, health, education […]

Enra subsidiary bags RM206mil Petronas job off Myanmar

KUALA LUMPUR: Enra Group Bhd’s subsidiary has bagged a US$48mil (RM206mil) contract to provide a mooring system and storage tanker services to Petroliam Nasional Bhd (Petronas) in the Andaman Sea, off the coast of Myanmar. The oil and gas services provider said on Monday its 60%-owned Enra SPM Sdn Bhd had accepted a letter of […]

Path clear to conclude historic energy block tender in 2014

The past 12 months could be considered a watershed year for Myanmar’s energy sector, as the oil and gas industry saw unprecedented foreign interest. Myanmar’s proven natural gas reserves, some 7.8 trillion cubic feet, were revealed at the World Economic Forum in Nay Pyi Taw in June, but potentials of 0.42 trillion cubic feet of […]

2014 Promises to Be a Boom Year for Myanmar’s Gas and Oil Industry

Myanmar will be the focus of attention in the international oil and gas industry in 2014 as a batch of major offshore exploration licenses are awarded and more blocks are expected to be put up for foreign bidding. Against that background, Myanmar is to host two major international oil industry exhibitions in Yangon to attract […]

Parami talks oil and gas – Analysis

Parami Energy Development is a branch of the Parami Group of Companies, working in the oil and gas industry in Myanmar. Parami CEO U Ken Tun here discusses Myanmar’s energy sector, including his view of investment, local requirements, production and exports. In the last bidding round in 2012, the government awarded seven international exploration companies […]