Chinese state-run PetroChina International has opened a service station in Myanmar, its first operations in the country. According to a Myanmar Times article, the operation is a joint venture between Singapore Petroleum Co (SPC), which is PetroChina’s Singaporean arm, and local company Shwe Taung Energy Co, part of the Shwe Taung group. Shwe Taung is expected to upgrade all 18 of its outlets in Myanmar to the SPC brand. The first such station in Myanmar is to be located in Yangon’s Sanchaung Township. “We are seeing considerable growth opportunities in the oil and gas retail market,” Xia Hongwei, SPC managing director was quoted as saying. SPC is the first international company to enter Myanmar’s fuel sector since the industry was liberalized in 2017. Local company Max Energy is expected to begin operating Shell-branded petrol stations in the future. Singapore’s Puma Energy also plans to establish about 50 centers in the country within the next 10 years.