Two Chinese firms will commence feasibility studies for the construction of an oil refinery in Dawei Special Economic ZOne (SEZ) in Tanintharyi Region soon.

Yunnan Indo-Pacific Group and CNPC East China Design Institute will conduct the feasibility studies in co-orperation with local company Myanmar Chemical and Machinery Co.Ltd (MCM). MCM last month asked for permission from the Ministry of Electricity and Energy (MOEE) to conduct the study for the refinery, which will have the capacity to process 8 million..

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Govt greenlights Ywama gas plant upgrade

The Upgrading of a combined cycle gas turbine power plant in Ywama, Yangon, has been given the go-ahead by the Ministry of Electricity and Energy (MOEE). The Power plant is located in Insein township, and the US$300 million required for the upgrading will be provided by the World Bank. A tender for the project will..

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Integrated LNG Power Project in Thilawa , Yangon Region

YANGON/TOKYO — Trading houses Marubeni, Sumitomo Corp. and Mitsui & Co. will build a liquefied natural gas-fired power plant in Myanmar, one of the biggest investments by Japanese companies in the Southeast Asian country, people familiar with the matter say. The three companies estimate total investment in the project at $1.5 billion to $2 billion…

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Magwe gas plant starts running, VPower says

The gas intended to help plug Myanmar’s electricity shortfall this summer has started operating after almost a two-month delay, according to its developer. VPower Groups’s 23-megawatt gas plant in Kyun Chaung of Magwe Region began commercial operations on June 3 after a power purchase agreement was signed between the firm and the Ministry of Electricity..

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India’s ONGC raises investment in Shwe gas project

India’s Prime Minister Shri Narendra Modi has confirmed that ONGC Videsh Ltd, the overseas arm of Indian national oil company Oil and Natural Gas Corporation Ltd will invest more than US$121 million to produce more gas off the coast of Rakhine State. The investment, which was approved by the Indians on June 24, will go..

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