The breeze blowing through the Yangon River made me warm. A host of sea-going vessels are anchored in the wide river. A scene of a flock of birds slowly flying in the sky seems a flurry and the ships small and big navigating in the river looks like a moving painting. On the bankside of […]
Thilawa, Thakayta and Thanlyin work together to implement first-ever LNG-to-Power project
January 12, 2021 by
New fuel storage farm opens in Mandalay
June 5, 2019 by
A tank facility capable of storing nine million litres of fuel has been officially opened in Mandalay Region. The tank farm, part of a port project where fuel is loaded and unloaded, was officially opened on Sunday. It is located at the confluence of the Ayeyarwady and Duhtawady rivers in Amarapura township, Mandalay Region. “Fifty-one […]
An electric bus leapfrog for a cleaner, healthier Yangon?
May 22, 2019 by
More cars, buses and trucks on the roads are driving air pollution higher in Yangon. In 2018, a team of Japanese and Myanmar researchers found the city had unhealthy levels of what scientists call PM2.5 – soot 100 times thinner than a human hair. According to their article, published in Environmental Health and Preventative Medicine, […]
Petrol prices anchored by strengthening kyat: officials
May 17, 2019 by
The strength of the Myanmar kyat has been a key factor in helping go stabilise local petrol prices at a time when global oil prices have become increasingly volatile. Since the start of the year, oil prices have risen on the back of US sanctions on Iran, a major oil-producing nation. As fuel is mostly […]
An industry-crippling jet fuel monopoly breaks
April 29, 2019 by
A domestic airline has received approval to sell aviation fuel in a decision that has ended a monopoly and raised hopes of cheaper prices and better service. GOLDEN MYANMAR Airlines has received Myanmar Investment Commission approval to operate an aviation fuel business, in the first sign of competition for the state-backed monopoly that airlines say […]
Still no new takers in deregulated domestic fuel market
October 22, 2018 by
Despite the relaxation of regulations for foreign investors to enter the fuel import and distribution business in Myanmar, no new companies have entered the market over the last year, said U Thant Sin, vice chair of Supervisory Committee for Petroleum and Petroleum Product Enterprises at a press conference on October 11. Previously, the Ministry of […]
Yangon government plans to buy, store fuel in attempt to control prices
March 20, 2018 by
As domestic fuel prices are expected to rise faster than global prices, the government will hedge against price volatility by buying and storing petrol onshore as demand rises during the coming fiscal year, said Yangon Chief Minister U Phyo Min Thein. Fuel, gasoline and diesel are vital for facilitating the flow of trade in Myanmar. […]
