Why Plans for Wind Power From Chinese Firm Fell Apart in Myanmar
Residents of Chaung Tha, a holiday resort and village on the Bay of Bengal, still rely on diesel generators to get them through electricity blackouts more than four years after Myanmar’s government gave a Chinese company the go-ahead to build a wind farm nearby. Shortly before leaving office in March 2016, former president Thein Sein’s government […]
Will climate change spell the end of coal and hydropower in the Mekong?
This year has been rough for the 70 million people who call the Mekong River basin home: a severe drought rocked the region for months before yielding to deadly flooding. The Mekong slowed to its lowest level in recorded history, knocking the world’s largest freshwater fishery—Cambodia’s Tonle Sap Lake—out of balance. The drought hurt the region’s fishing and farming […]
Woodside drillers stuck one more week offshore Myanmar
The coup began Monday with the arrest of elected leader and long time democracy figurehead Aung San Syu Kyi and other democratically elected leaders including president Win Myint, nine years after the long serving military junta unexpectedly stepped aside to allow the first real elections in decades.
Woodside launches new drilling campaign offshore Myanmar
PERTH, Australia – Woodside Energy has started a three-well exploration drilling campaign offshore Myanmar.
Woodside says Myanmar coup won’t hit plans
Australia’s Woodside Petroleum sees the military coup in Myanmar as “a transitionary issue” that would not affect its drilling in waters off the Southeast Asian nation, its chief executive says.
Work on large LNG project in Ayeyarwady set to start in July
Work on a large liquefied natural gas (LNG) power plant in Mee Lin Gyaing, Ayeyarwady Region is expected to begin this year, officials of one of the companies involved with the project have told the Myanmar Times. The Ministry of Electricity and Energy (MOEE) originally approved the project, along with one in Kan Pauk in […]
Work on urgently needed gas pipeline might only start next year: official
Although a new pipeline for the Zawtika natural gas field is urgently needed, work on the project is expected to only begin next year due to negotiations over the cost of the project, officials say. The cost for the new pipeline is supposed to come from revenue generated for the Myanmar Oil and Gas Enterprise […]
World Bank and Myanmar Sign Pact to Provide Off-Grid Solar Products in Rural Areas
The World Bank has signed an agreement with the Government of Myanmar to provide off-grid solar products to 450,000 people in rural Myanmar. The result-based financing for off-grid solar products is worth $3.45 million. It is co-funded by the Global Partnership for Results-Based Approaches (GPRBA) and the Energy Sector Management Assistance Program (ESMAP).
World Bank Approves $460 Million Funding for Power Generation, Health Services in Myanmar
YANGON—The World Bank (WB) has announced it will provide a total of US$460 million (645 billion kyats) in credit to Myanmar to upgrade electricity power generation projects and increase access to quality essential health services, with a focus on maternal, newborn and child health. The WB said on Saturday its board approved $350 million in credit […]
World Bank Puts Myanmar’s Power Investment Needs at $2B a Year
YANGON—To sustain economic growth, Myanmar needs to invest up to US$2 billion (3.06 trillion kyats) annually in its electricity sector, according to a World Bank report released on Tuesday. In the report, “Myanmar Economic Monitor: Building Reform Momentum”, the World Bank said Myanmar’s economic growth is expected to rise to 6.5 percent in fiscal 2018-19, […]