Thailand to invest USD 2 billion in gas project

Thailand’s state-owned PTT Exploration and Production (PTTEP) has been granted approval to build a USD 2 billion multi-faceted natural gas project in Myanmar. The project involves gas field development, a new pipeline and a nearly 600 megawatt

Korean firm to invest nearly USD 100 million in gas field

Korean firm POSCO International has announced that it will invest 108.6 billion won — just over USD 97 million — in the exploration of Myanmar’s A-3 offshore bloc. POSCO, which already operates in Myanmar’s offshore gas fields, will
Natural gas exports brings in close to USD 3 billion

Natural 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 a

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
Myanmar produces over 5,600 megawatts

Power production hits 5,600 megawatt in Myanmar

The Ministry of Electricity and Energy (MOEE) says Myanmar is now producing 5,600 megawatt of power per year. It will not stop there, according to a report by Eleven Media. Rising demand for power and the government’s ambitious nationwide elect