Energy security is a key concern for the European Union (EU), an energy importer reliant on producing and transit countries for supply. The majority of the EU’s oil and gas imports originate in neighbouring regions. For gas, the EU relies mainly on Russia, which supplies 38...
Read More"We are a lot more comfortable than we were a year ago," Amjad Bseisu says. The founder and chief executive of North Sea oil company EnQuest is contemplating the current state of the oil and gas industry, but could just as easily be describing his own...
Read MorePlans are underway for an independent power producer to provide electricity to 52 villages in Ayeyarwaddy Region, which is not connected to the national grid, said regional Electricity, Industry and Transportation Minister U Win Htay. Pathein, the state capital of Ayeyarwaddy Region. Photo - Shutterstock Currently, the present...
Read MoreMyanmar's Department of Civil Aviation (DCA) is set to sign the final agreement for the construction of Hantharwaddy International Airport in early 2018, the agency’s deputy director general told The Myanmar Times. Yangon International Airport is the primary and busiest international airport in the country. By the...
Read MoreDevelopers of Mandalay port will begin the construction work in November 2018, according to the Directorate of Water Resources and Improvement of River (DWIR). The port aims to facilitate trade along waterways, i.e. along the rivers, in Mandalay Region. This project is backed by the Japan International Cooperation...
Read MoreThe difference between foreign ownership of Japan-led Thilawa project and that of China-led Kyaukphyu project is very “stark” and “noticeable”, the chair of a Singapore-based think tank told The Myanmar Times. Simon Tay is speaking at the 2nd ASEAN-Myanmar Forum hosted by the Singapore Institute of International...
Read MoreMyanmar Investment Commission (MIC) has recently extended an invitation to local and foreign investors to invest in 10 prioritised sectors. According to the MIC statement published on June 26, the investors can submit proposals and state and region governments will also provide necessary assistance. Those prioritised sectors...
Read MoreMyanmar is not the only country in ASEAN which attracts foreign direct investments (FDIs), Simon Tay, chair of Singapore Institute of International Affairs (SIIA), said during the sideline interview of the 2nd ASEAN-Myanmar Forum held in the commercial capital yesterday. The Second ASEAN-Myanmar Forum, hosted by...
Read MoreJapan International Cooperation Agency (JICA) will take the lead in the drafting of the master plan for Tanintharyi Region, according to a representative from JICA. Kaleinaung Bridge in Tanintharyi Region. Photo - Shutterstock Kaleinaung The Myanmar government has asked the Japanese government for help in drawing up the Tanintharyi...
Read MoreClean coal technology might be an option for the government’s energy policy, according to an NLD spokesperson. Is clean coal the answer to Myanmar’s energy security? Photo - Shutterstock In order to fill the power gap in the country, the National League for Democracy will be pushing...
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