1m acres of mineral depositories suspended

In Myanmar, mineral depositories have been allocated to be used as resource reserves, with a total area of 1,187,492 acres, according to U Khin Maung Yi, permanent secretary of the Ministry of Natural Resources and Environment Conservation, who told reporters during a press conference in Nay Pyi Taw on April 24. According to the permanent […]

Sembcorp Will Hand $300m Power Plant To Myanmar Government in 22 Years

​​ The Singapore-listed energy company Sembcorp has signed a build-operate-transfer agreement with the Ministry of Elec­tricity and Energy for a 225-megawatt gas-fired power plant in Myingyan, near Mandalay. The signing “represents a key milestone” for the $300 million project, the company said in a state­ment. Under the deal, the Sembcorp Myingyan Power Company will op­erate […]

Power sector: Lofty goals, missed targets

The power sector in Myanmar over the past five years has been characterized by ambitious plans and unrealized targets. While a few power projects have been completed during the outgoing government’s term, others were suspended or cancelled and dozens more remain in limbo. Myanmar remains one of the least-powered countries in Southeast Asia. Just over […]

Thailand’s Coup May Affect Myanmar’s Oil and Gas Sector

The military takeover in Bangkok is likely to lead to Thailand competing with Myanmar for foreign investment in oil and gas development. Within a week of the military takeover, the permanent secretary to the Ministry of Energy, Norkun Sitthiphong, said his office was working on a set of reform and development proposals for presentation to […]