Myanmar Energy

In 2010, a total of 11 coal-fired plant deals were signed by the Ministry of Electric Power. However, due to opposition for a variety of reasons, very little capacity has been built. From an economic standpoint, there is the position that the country is so in need of electricity that it must make compromises and accept a certain level of...

China has long been a significant player in Myanmar’s energy sector. Before recent political reforms, Western sanctions made the country of particular interest to China, which was willing to finance and build projects that companies of the West and Japan could not. Chinese companies also saw Myanmar as an attractive investment, owing to its...

For decades, the Myanmar oil and gas story was fairly simple. The country had well-established onshore fields, with some regional participation, and a few offshore fields, with regional participation and some legacy participation by international majors. Production was significant given the isolation of the country, and oil and gas was vital...

Although it has one of the lowest electrification rates in the world, currently at about 30%, Myanmar is targeting total coverage by 2030. Despite the significant progress needed, the goal is seen as reachable, with Myanmar holding abundant hydro and solar resources, and considerable hydrocarbons potential. The country is also likely to be...

A new wave of mining exploration is getting under way in Myanmar, and it has been a long time coming. With a few exceptions, Myanmar has been generally cut off from developments in the international mining industry since the days of the British Empire.

Mining is expected to be a top driver of Myanmar’s economic development in the decades ahead thanks to the country’s unusually diverse and largely untapped geological resources. While the government has been reluctant to allow outsiders into the world’s richest jade and ruby mines, Myanmar appears poised to attract a flood of foreign investment into its underexplored...