The oil and gas sector is looking exciting this year, with opportunities emerging from an international tender scheduled to take place early this year for the first time since 2014. In addition to onshore and offshore blocks, the tender is expected to include work in “Improved Petroleum Recovery” blocks at older oil fields in Myanmar. […]

DRIVEN by its vision to become an innovative leader in Myanmar’s growing energy sector, locally-owned Parami Energy Group of Companies plans to invest US$35 million (Bt1.15 billion) in its LPG (liquefied petroleum gas) business over the next three years, according to Group CEO Ken Tun, aka Pyae Wa Tun. He told a media roundtable on […]

Ministry of Electricity and Energy will upgrade Hlawgar power plant before the summer of 2019. Upon completion, the power plant can generate an additional 336,000 kilowatt-hours a day. Hlawgar power plant is one of the important power plants in Yangon. The commercial operation of the power plant launched in 1995. Now it can generate about […]

Myanmar has increased Electricity production rate of over 470 megawatts more within a month, raising the total to 3,430 megawatts, according to Ministry of Electricity and Energy. Myanmar produced maximum amount of 3,431 megawatts on November 25 while it produced only 2,956 megawatts as of October 25. Electricity consumption rate in Yangon Region currently demands […]

GS-Caltex Corp., one of South Korea’s leading refineries, said Tuesday that it will donate 50,000 energy-saving cooking stoves to Myanmar as part of a corporate social responsibility (CSR) drive. The eco-friendly cooking stoves can reduce fuel costs by up to 66 percent and will be provided to low-income households in Myanmar that mostly rely on […]

NAYPYITAW — A 30-billion-kyat project to provide 24-hour electricity to four townships in Rakhine State will be completed in December, according to the Department of Electric Power Transmission and System Control under the Ministry of Electricity and Energy. The project was launched in 2016 to provide electricity to Ponnagyun, Rathedaung, Buthidaung and Maungdaw townships. The […]

New bids for oil and gas exploration and development rights on a series of blocks, along with reforms to joint-venture requirements, are expected to stoke renewed interest in Myanmar’s energy sector and boost investment inflows. On August 30 the Ministry of Electricity and Energy (MoEE) announced it would be opening fresh rounds of bidding for […]

No new MOA or PPA has yet to be concluded for two years already. It has already been two years since Myanmar’s newly democratised government came to political power, but much to the frustration of energy firms, a new MOA or PPA has yet to be concluded to increase another kind of power in the country: […]

The United Kingdom will assist Myanmar in implementing renewable-energy projects. a senior UK official said. Douglas Barnes, director of the UK’s Department for International Trade, made the comment during  a knowledge-sharing workshop for policies and regulations covering renewable-energy use and reducing carbon emissions organised by his agency in Nay Pyi Taw on Monday. “After the workshop, the […]

Myanmar has done undertaken two reforms to improve access to power supply and the ease of starting a local business, according to the latest report from the World Bank. However, pace of reform on most regulations affecting the private sector remain stagnant. In the newly-released World Bank’s 2019 Doing Business rankings, Myanmar ranks 171th out […]