Platts

Still no new takers in deregulated domestic fuel market

October 22, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: asean, Brunei, Exchange Rates, foreign investors, Fuel, Malaysia, Ministry of Energy, petroleum, Platts, Puma, rail system, singapore, transporting

Myanmar Won’t Export New Gas Finds Until Domestic Needs Met, Says Official

February 11, 2014 by thiha

New discoveries of natural gas or oil will not be exported until Myanmar’s own domestic demand is satisfied, a senior planner in the Ministry of Energy has disclosed. Confirmation of the decision comes as the ministry is set to name this month the winners of a major international auction for 30 offshore exploration licenses in […]

Filed Under: Latest News Tagged With: China National Petroleum Corporation, Deputy Director General, Domestic Demand, Industry Analysts, International Auction, Liquid Natural Gas, LNG, Ministry of Energy, Mitsui Oil, Offshore Fields, Petronas, Platts, PTTEP, Satisfied, Shell, Shwe Field, Total, Win Maw, Winners, Yadana, Yetagun, Yunnan Province, Zawtika Field

Myanmar Oil Terminal Faces Fallout From Yunnan Protests

November 29, 2013 by thiha

The Chinese oil port at Kyaukphyu on the coast of Burma’s Arakan State, and the cross-country pipeline to pump oil into China’s landlocked Yunnan Province, face a major problem which could delay or slow down their operations. Almost 50 percent of the 22 million ton a year of crude oil from the Middle East and […]

Filed Under: Latest News Tagged With: assessment report, Canceled, China National, Delay, Environmental Issues, Failed, Kyaukphyu, Limited, Pipeline Infrastructure, Plastic Bottle Manufacturing, Platts, Protests, Refinery, Safety Measures, Social Network, Storage Tanks, Suspending, Yunnan Province

MOGE Begins Long Process to Pick Myanmar’s Oil & Gas Investors

August 6, 2013 by thiha

Subscribe to our tender alert mailing list Negotiations have finally begun to select foreign investors to explore for oil and gas in the seas off Burma’s coast, but it could be another eight months before any licenses are awarded. The Myanmar Oil & Gas Enterprise (MOGE) and the Energy Planning Department (EPD) will hold talks […]