Foreign companies permitted to operate petroleum business

The Myanmar Investment Commission has granted licenses for six foreign companies to operate petroleum business in oil and gas blocks located in Inndaw-Yanan area and Zeephyutaung-Nantaw area, Sagaing Region; Taungoo-Pyinmana area, Thaekone-Shwetu area, Maraman area and Pyay area, Bago Region; Myinthar area and MyanAung-Shwepyithar area, Ayeyarwady Region and Kyautkyi-Mintone area, Magway Region. The licenses were […]