[vc_row][vc_column][vc_column_text] [caption id="attachment_4655" align="aligncenter" width="840"] Photo - EPA[/caption] U Thaung Tun, Union Minister for Investment and Foreign Economic Relations, is expecting foreign direct investments in the offshore oil and gas industry to increase in 2020, once proposals for exploration and production are received, evaluated and approved. At the...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4653" align="aligncenter" width="840"] A primary school student does her homework with candlelight during a power blackout in Mandalay. Photo: Phyo Wai Kyaw/The Myanmar Times[/caption] Exclusive: A consortium led by China Energy Engineering Group (CEEC) has won the fifth emergency power project put out to tender...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4651" align="aligncenter" width="840"] A man filling gas at a PTT fuel station in Thailand. Photo - EPA[/caption] PTT Oil and Retail Business, the retail arm of Thai energy giant PTT Group, said it intends to form a joint venture with KBZ Group to set up...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4649" align="aligncenter" width="840"] The government estimates that the demand for power in the country is growing by 15-17 percent every year. Shin Moe Myint/ The Myanmar Times[/caption] Katie Patterson of Myanmar Energy Monitor talks to The Myanmar Times about the impact of Myanmar’s electricity tariff...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4642" align="aligncenter" width="840"] A submission for the government to acquire land for a new CNG fuelling station in Yangon will be submitted. Phoe Wa /The Myanmar Times[/caption] A submission for the government to acquire land for a new compressed natural gas (CNG) fuelling station in Yangon...
Read More[vc_row][vc_column][vc_column_text]Myanmar owes China more than US$1.6 billion which it borrowed on high interest to implement projects including an oil and gas pipeline, according to a Myanmar Alliance for Transparency and Accountability (MATA) statement released based on an Extractive Industries Transparency Initiative report. It has so far...
Read More[vc_row][vc_column][vc_column_text]The government is expected to collect K3 trillion more from the electricity generation in fiscal 2019-2020 compared to the previous year now that power tariffs have been raised since July, Deputy Minister of Planning and Finance U Maung Maung Win said in the Pyidaungsu Hluttaw...
Read More[vc_row][vc_column][vc_column_text]Investors from Malaysia say they are attracted to Myanmar’s agriculture and other industries despite the rift between the two governments since the northern Rakhine crisis. “Malaysian businesses are keen to invest in sectors such as technology, construction, manufacturing, and service in Myanmar. They showed extra interest...
Read More[vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] [caption id="attachment_4596" align="alignnone" width="600"] Exploration and Production Public Company Limited targets to increase its sales volume for five years term. Photo : mna[/caption] PTT Exploration and Production Public Company Ltd has raised its sales volume of 318,000 barrels of oil equivalent per day (BOED) to 345,000...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4582" align="alignleft" width="702"] Photo taken on Jan. 15, 2018 shows an Australian liquefied natural gas(LNG) boat at the LNG terminal in Yangkou Harbor of Rudong County, east China’s Jiangsu Province. The boat was the 200th LNG boat that the LNG terminal greeted since it...
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