TRAFIGURA’S Puma Energy, which is the main supplier of aviation fuel in Myanmar, has signed an agreement to sell its stake in Myanmar to a local private company, according to the official statement on 5 October. Following a board decision to exit Myanmar earlier this year, Trafigura’s Puma Energy has signed an agreement to sell […]
Domestic airlines will not raise airfares yet despite rising fuel prices
October 18, 2018 by
Despite rising global oil prices, domestic airlines have no plans yet to raise airfares to compensate for higher jet fuel costs. They said this will help encourage domestic air travel while the number of foreign travelers within the country is still low. “We haven’t increased our fares even though fuel costs have risen. We have […]
MPPE joins with Puma Energy to distribute jet fuel
May 26, 2016 by
The Myanma Petroleum Products Enterprise (MPPE) under the Ministry of Electric Power and Energy is planning to cooperate with National Energy Puma Aviation Services to distribute jet fuel at 11 airports, said MPPE director general Thant Zin. The ministry signed a joint-venture agreement with Puma Energy in October 2015 to form National Energy Puma Aviation […]
Four Firms Shortlisted for Myanmar Jet Fuel Distribution Venture
September 3, 2014 by
Four firms from Thailand and Singapore will go through to a final round of bidding to form a joint venture in Myanmar for distributing jet fuel with state-owned Myanma Petroleum Products Enterprise (MPPE), a senior Energy Ministry official said. “Singapore-based Singapore Petroleum and Puma Energy Group Ltd and Thailand-based PTT and Bangkok Aviation Fuel Services […]
Transportation Ministry Eyes Opening up Myanmar’s Aviation Fuel Sector to Foreign Investors
August 12, 2014 by
The Ministry of Transportation is seeking international companies to invest in the local aviation fuel sector, which is currently posing a major challenge for local airlines, a minister said. “Jet fuel is one of the main problems in Myanmar’s air transportation industry because it costs approximately a dollar more per gallon than refueling in other […]
Bidders shortlisted for jet fuel distribution
June 30, 2014 by
The Ministry of Energy has recently announced the shortlisted companies, including Shell, BP and PTT, for a joint venture contract distributing jet fuel. The ministry invited tenders interested in forming joint venture for fuel distribution in Mingaladon Township. The contract would be handled by the ministry’s Myanmar petroleum trading enterprise. A total of 23 bidders […]
Ministry of Energy invites Expression of Interests (EOI) for Jet Fuel, closing date: 16th June, 2014
May 19, 2014 by
Subscribe to our tender alert mailing list The Republic of the Union of Myanmar Ministry of Energy Invitation for Expression of Interest (EOI) from Interested Parties For Sales and Distribution of Jet Fuel 1. The Myanma Petroleum Products Enterprise (MPPE) is a state-owned enterprise which is responsible for carrying out the detailed and wholesale distribution […]
Myanmar Buys 2.3 Million Barrels Gasoil, Jet Fuel in Annual Deals
April 24, 2014 by
Myanmar has awarded annual contracts to buy gasoil from PetroChina and jet fuel from a North Asian trading firm for delivery between April 2014 and March 2015, trade sources said. State-owned Myanmar Petrochemical Enterprise (MPE) has bought 1.645 million barrels of gasoil with 0.5 percent sulphur content and about 760,000 barrels of jet fuel, about […]
