Petronas cuts workers at Yetagun gas field
Amid a general decline in production, Malaysian oil and gas firm Petronas has reportedly begun cutting workers at its offshore sites in Myanmar’s Yetagun gas field. The news came from a Petronas employee speaking to the Myanmar Times under theNatural gas exports brings in close to USD 3 billion
Amidst a collapse of global oil and natural gas prices, Myanmar’s exports of natural gas over the past ten months of current fiscal year amounted to USD 2.97 billion said the latest data from the Ministry of Planning, Finance and Industry. It is aPower Purchase Agreements with solar tender winners scrutinized
24th September is the day that the government had determined as the deadline to agree on Power Purchase Agreements (PPAs) with the winners of the 1.06 gigawatt solar tender from last July. The tender stirred controversy because of its tight deadline
Myanmar to buy power from India
The Ministry of Electricity and Energy (MOEE) plans to buy a large quantity of excess power from India over the next several years. Following a meeting with Indian officials, MOEE announced the deal to establish a new transmission line between the co
Dawei SEZ may land new refinery
Myanmar Chemical & Machinery Company (MCM) has submitted a proposal for a new oil refinery in the Dawei Special Economic Zone. The company claims the refinery would have an output of 8 million metric tonnes per annum. If completed, the so-named â
