Exploratory drilling begins at onshore block in Magwe
Italian oil and gas company Eni Spa has begun exploratory drilling at the Shwe Nan Htike Well 1, located in the onshore block RSF-5, in Magwe Region, the Ministry of Electricity and Energy (MOEE) announced. The ceremony to begin drilling at the well, located near Aung Myay Kone village, in Magwe, was attended by Deputy […]
Fight for the Mekong gathers pace
More than 20 years ago, when two Chiang Rai-based environmentalists, Niwat Roikaew and Somkiat Kuenwongsa, learned that the Chinese government were blasting rapids in the upper Mekong River from Yunnan to Myanmar and Laos to clear the way for large commercial vessels, they started worrying.
Four hydropower projects to continue implementation in 2019-2020 FY
The four hydropower projects—671-megawatt (MW) Shweli (3) hydropower project, 280-megawatt (MW) Upper Yehwa hydropower project, 111-megawatt (MW) Thahtay hydropower project and 51-megawatt (MW) Upper Kyaingtaung hydropower project—will continue implementations during 2019-2020 fiscal years, said a source from the Ministry of Electricity and Energy. The projects we will continue implementing during 2019-2020 FY include 622.38 miles […]
FPT studies oil pipeline into Myanmar
Fuel Pipeline Transportation (FPT) plans to conduct a feasibility study to extend an oil pipeline to Myanmar to capture dynamic oil demand. FPT is a subsidiary of SET-listed Bangkok Aviation Fuel Services. FPT chairman MR Supadis Diskul said the company has set up a study team in August to determine project viability. The oil pipeline […]
France keen to invest more in Myanmar, says official
After a pause of eight years, France is going to expand existing investments and make new ones in Myanmar, a senior official of the Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) has revealed. “They have trust in Myanmar. As French organisations have learnt there are many prospects here, they are coming to invest […]
France’s ENGIE to assist with Myanmar electrification
ENGIE has teamed up with a Myanmar-focused off-grid energy specialist to help spur rural electrification across the Southeast Asian country with mini-grids combining PV, diesel and battery storage. The French energy giant has been increasingly active in the off-grid clean energy space in India and Africa since 2016, and this month has taken a minority […]
French businessmen eyeing investment in Myanmar
YANGON, Feb 7, Eleven Media Group/ANN — French business people interested in Myanmar called on State Counsellor Aung San Suu Kyi on February 5, the State Counsellor Office reported. The State Counsellor received the MEDEF International business delegation at the Ministry of Foreign Affairs in Nay Pyi Taw.. During the meeting both sides discussed investment […]
French Energy Giant Total Joins Push for Myanmar Sanctions
French energy conglomerate TotalEnergies has asked the American and French governments to support targeted sanctions against Myanmar’s oil and gas funds, the largest single source of income for the country’s military leaders.
French to help finance Myanmar’s hydropower upgrades
Myanmar is set to receive a €35.7 million (K60.2 billion) loan from the French Development Agency (AFD) to upgrade to five hydropower plants, President U Win Myint said in a message to the Assembly of the Union (Pyidaungsu Hluttaw). The term of the loan is for 13 years, with a seven-year grace period, at an […]
Frequent electricity shortages, high in fuel prices lead to reduce overtime hour in most industries
Frequent electricity shortages, high in fuel oil prices caused increased in fuel oil usage in majority of industries and it led to reduce overtime hour in most of the industries according to industrial committees on March 10.