Siam Cement sees opportunities along Belt & Road

Thai conglomerate’s CLMV investments will pave way to China and India, CEO says HONG KONG — Thai industrial conglomerate Siam Cement Group will look for investment possibilities in South China and India in the years ahead, as China shapes its vision of the Belt and Road Initiative, President and CEO Roongrote Rangsiyopash said Monday. The […]

Myanmar power plans could spare the Salween

Myanmar and Thailand have announced plans for major gas power projects, as well as greater moves to adopt renewable energy sources. The news will cheer conservationists battling to prevent large dams being built on major rivers in the north of Myanmar. Myanmar’s Aung San Suu Kyi-led government aims to tackle the country’s chronic power shortage […]

Thailand’s PTT poised to gain from Myanmar deal

THAI and Myanmar officials will sign a memorandum of agreement at a meeting of Asean energy ministers next month that will take energy giant PTT a step closer towards a major gas project across the border. The singing of the agreement will pave the way for PTT to conduct a study on a Bt20 billion […]

Myanmar offshore exploration continues despite low oil prices

Myanmar authorities announced the latest offshore activities last week through state-run newspapers. International companies have now started surveys at almost half of all blocks awarded in the 2013 bidding round. Meanwhile, production remains steady at Myanmar’s existing offshore gas fields – Yadana, Yetagun, Shwe and Zawtika – officials said. France’s Total E&P Myanmar launched 2D […]

Puma Energy beats PTT in Myanmar’s jet fuel business deal

Singapore-based Puma Energy Group has won the bid to import and distribute jet fuel to airlines at Yangon International Airport. The three other shortlisted companies were PTT and Bangkok Aviation Fuel Services from Thailand and Singapore Petroleum. A total of 23 companies applied for the licence with the Energy Ministry. PTT was the runner-up. A […]

No winner for Thanlyin Oil Refinery

Subscribe to our tender alert mailing list The Ministry of Energy will call another tender to refurbish the Thanlyin oil refinery, after the previous candidates have fallen short. In January, it was announced that two firms – Thailand’s PTT and Singapore’s Puma Energy – had been shortlisted, after about 20 international and local companies had […]

19 foreign companies signal interest in LPG joint venture tender

Subscribe to our tender alert mailing list Nearly all of the 19 foreign companies submitting letters of expression of interest for a joint venture Liquefied Petroleum Gas (LPG) project have done so with a local partner, according to an announcement. The tender winner is to partner with state-owned Myanma Petrochemical Enterprise to import and distribute […]

Thailand’s PTT says Myanmar Gas Fields to Shut for Maintenance in April

BANGKOK, March 5 (Reuters) – Thailand’s sole natural gas supplier PTT PCL said on Thursday that three fields in Myanmar would be shut down for maintenance in April. Thailand uses natural gas to generate nearly 70 percent of its electricity, and about a fifth of its supplies are imported from Myanmar. Two major gas fields, […]

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 […]

PTT plans distribution hub for LNG in Myanmar

PTT is conducting a feasibility study into the construction an LNG (liquefied natural gas) distribution/receiving terminal with an annual capacity of 5 million tonnes in Myanmar, in order to facilitate onshore LNG transportation to Thailand. The facility would be built not far from the Dawei industrial-estate zone at a location where the distribution pipelines for […]