fbpx

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 […]

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 […]

Parami builds mini-grids for Yesagyo community

Privately-owned Parami Energy has inked a tripartite agreement with the agriculture ministry’s Department of Rural Development and the Village Electrification Committee (VEC) to develop a mini-grid system for almost 1,500 households across eight villages in Yesagyo township in Magway Region. When completed, the project will be the largest mini-grid system in the country, according to […]

Infrastructure, safety standards needed for LPG industry to take off

The government is now more than half way through its term and time is running out for it to make good on its promise to double Myanmar’s supply of electricity within the next two years. But the government is not without backup plans to help it achieve its goals, one of which is replacing the […]

Govt risks derailing economy despite legislative reforms

Candid comments from businesses expose this govt’s leadership and policy void in managing the economy, with no vision and little action. As the administration concludes its second year, it has yet to deliver. BUSINESS leaders, in rare candour, have expressed strong reservations and wide-ranging criticism over the current government’s approach to the economy as it […]

Parami Energy Readies Imported LPG for Sale as Demand Rises

The government is aiming to replace the use of electricity with Liquefied Petroleum Gas (LPG) as a fuel for household cooking. If widely used, LPG can reduce the use of firewood as well as electricity when cooking, which will help to conserve power as well as the environment. Last year, the Ministry of Electricity and […]

India Exports Diesel to Myanmar; Aims for Stronger Trade to Contain China

India has been bidding to strengthen socio-economic ties with Myanmar as part of its ‘Act East’ policy but its latest overtures are being viewed as tactics largely aimed at containing Chinese influence. NEW DELHI (Sputnik) — India has dispatched the first consignment of diesel to Myanmar ahead of Prime Minister Narendra Modi’s two-day official visit […]

Numaligarh Refinery becomes Myanmar’s sixth fuel retailer

Assam-based Numaligarh Refinery (NRL), in joint venture with Parami Energy Group, has entered the fuel retailing business in Myanmar. NRL, a subsidiary of BPCL, becomes the sixth fuel retailer in Myanmar, which includes Shell, Total and a clutch of companies from Vietnam and Thailand. Two road tankers, carrying approximately 4,000 gallons of fuel each, will […]