Xi Jinping visit ends with new trade deals
Xi Jinping’s long-awaited visit, the first from a Chinese head of state in 19 years, ended with dozens of new deals as Myanmar deepens its economic relationship with its most powerful neighbor. Over the two-day conference, Xi met with President
China bought 10.8 million tons of oil in 2019
Myanmar ended the year having exported a total of 10.8 million tons of crude oil to China, a rise of 6.3 percent from 2018, highlighting the deepening economic relationship between the two countries during the development of the China-Myanmar Economi
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
First phase of power plan will be done by 2021
Myanmar will complete the first phase of its sweeping National Electrification Plan (NEP) by 2021, according to the public Electricity Supply Enterprise (ESE). It will be the first step towards the government’s goal of total nationwide electrif
