How has the pandemic impacted plans for investment in the power sector?
Myanmar Energy
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How can official development assistance (ODA) and soft financing help alleviate funding shortfalls for energy projects?
New bids for oil and gas exploration and development rights on a series of blocks, along with reforms to joint-venture requirements, are expected to stoke renewed interest in Myanmar’s energy sector and boost investment inflows.
Economic update | Myanmar looks to boost alternative feedstock to meet rising energy demand
28 Jun 2018
Increased investment in import and distribution capacity should help Myanmar satisfy its growing appetite for liquefied petroleum gas (LPG), with the government looking to encourage usage of the fuel as part of plans to direct electricity towards industry.
Myanmar’s recently unveiled economic agenda is heavily dependent on overcoming electricity shortages in areas already on the national grid as well as achieving the country’s goal of implementing universal access to electricity by 2030.
Under plans revealed in October, state-owned energy firms in Myanmar will seek foreign partnerships to improve operations and open up downstream energy operations to investment.