A visit by two top Indian officials has ended with a proposal for an India-backed, USD 6 billion petroleum refinery near Yangon. The proposal was discussed in meetings between Myanmar officials and India’s foreign secretary Harsh Vardhan Shring
The Ministry of Electricity and Energy announced plans for two new high-quality oil refineries to be constructed along the Myanmar-China Crude Oil Pipeline. Speaking to members of the press, permanent secretary of the ministry, U Tin Maung Oo, said t