In another 2.5 years’ time, many voters will be asking what the first NLD-led administration has delivered. The current numbers are hardly encouraging. Between April and August this year, approved FDI totalled US$1.4 billion, less than half of the US$3 billion forecast by the government for the April-September six-month period between the two fiscal years. […]
The Key to Jumpstarting Myanmar’s Economy: Electricity
August 15, 2016 by thiha
It’s no secret that the National League for Democracy (NLD) faces myriad challenges in improving Myanmar’s socioeconomic situation. In fact, its biggest challenge might be deciding which issues to address first. Led by Nobel Laureate Aung San Suu Kyi, the NLD has made the peace process, which is aimed at ending decades of strife between the […]
Filed Under: Latest News Tagged With: ADB, Asian Development Bank, Australia, Data Acquisition, EAG, Ethnic Armed Groups, foreign, IMF, Kachin, Laos, Leadership of Permanent Secretary U Htain Lwin, mandalay, Ministry of Electric Power, Ministry of Energy, Mizzima News, Myanmar, Myanmar Plaza, Myitsone dam project, National League for Democracy, Naypyidaw, NLD, Nobel Laureate Aung San Suu Kyi, Petrochemicals Company, Prime Energy, SCADA, Shan States, SIAMGAS, Southeast Asia, Supervisory Control, Thailand, Thaninthayi Region, The National Electrification Plan, UN Development Program, UNDP, Vice President Myint Swe, Vietnam, World Bank
Yadana Gas field launches new wells to boost production
March 18, 2016 by thiha
The Yadana Gas project has begun drilling more wells in its offshore M-5 and M-6 blocks to keep its level of high production on track until 2020. Union Minister for Energy U Zeya Aung visited the field yesterday, where he assisted with the launch of the new wells. The Yadana Gas project is a joint-venture […]
Filed Under: Latest News Tagged With: 000 of 60, 000 villages, 089 megawatts in 2015, 3, 400 megawatts in 2010 to 5, 500 million cubic feet of gas per day, Japan International Cooperation Agency (JICA), Myanmar, offshore M-5 and M-6 blocks, only one third of the population lives with electricity, Shwe Gas Pipeline, supplying power to 15, The National Electrification Plan, the Union minister and general manager Xavier Preel of Total E&P, U Maw Tha Htwe (Deputy Minister for Electric Power), U Zeya Aung (Union Minister for Energy), Yadana natural gas project will expire in 2020, Zawtika Project