PTT Oil and Retail Business, the retail arm of Thai energy giant PTT Group, said it intends to form a joint venture with KBZ Group to set up a filling station and a reserve facility. “The first PTT station in Myanmar is slated to open before the second quarter of next year,” said Buranin Rattanasombat, […]
Firms asked to bid for aviation contracts
Subscribe to our tender alert mailing list Minister for Planning and Finance Kyaw Win says the government will give the green-light to entrepreneurs for the distribution of aviation fuel at airports, including Yangon International Airport. He said: “Aviation fuel is distributed at Yangon International Airport under a joint venture with Puma. Other firms can run […]
Drivers welcome oil drop
Although 2014’s worldwide fall in crude oil prices has brought some relief for those filling their tanks in Yangon, local taxi drivers say they are yet to see as much of a price drop as expected. “It’s better than before, but I’m still not too happy that local prices haven’t dropped much in Myanmar,” said […]