MOEE OK’s another gas fired plant amid LNG push
A Japanese-backed liquid natural gas (LNG) plant and terminal will be the latest in a series of LNG investments that aim to fill Myanmar’s short-term power gaps. The terminal and 1250-megawatt plant, planned for the Thilawa Special Economic Zon
Japanese beer giant struggling
Japanese beverage giant Kirin has said it will conduct a “further examination” of its Myanmar presence after its ties with the Myanmar Army (Tatmadaw) threatened an unrelated deal in the United States. The affair could show that things ar
Solar powers up with potential new contracts
Amid a push for new power sources, the Ministry of Electricity and Energy (MOEE) has announced talks with two companies for potential solar contracts. According to a press release, MOEE officials met with executives from Victory Radiance Trading Co L
Korean power project comes amid desperate supply gaps
A South Korean company will build a new 40 megawatt power plant in Bago, the company said, becoming the latest foreign firm to answer Myanmar’s desperate call for new power projects. The firm, MCM Power Company, will invest USD 35 million in a
Major oil and gas block enters first development stage
An initial deal has been inked to exploit Myanmar’s A-6 offshore block. The development stands to be ASEAN’s first ultra-deepwater development, claims project partner MPRL E&P Operator Co. Contracts were signed between the Myanma Oil
