Endowed with rich deposits of jade, ruby, copper, lead, zinc, tin, tungsten, silver, gold, antimony, nickel and barite, as well as a long history of mining that dates back to the 15th century, Myanmar’s mining sector has significant potential. Official statistics indicate that there are 291 known lead-zinc deposits, with a combined potential...
Gemstone mining in Myanmar is separate from mineral mining, both institutionally and legislatively. There is no connection between the gemstone permit system and the general mining permit system. Unlike anywhere else in the world, the two are independent processes. There is also an official distinction between jade and gems, wherein “gems”...
Despite being Myanmar’s most valuable export commodity, there is still an imbalance in the supply and use of gas. The country produces 1.8bn standard cu feet (scf) of natural gas per day, but consumes just 100m scf per day. In addition, there is an extensive network of natural gas pipelines that run through most of the energy demand hubs in...
In addition to being crucial to economic activity, Myanmar’s energy and power sector continues to be one of the main drivers of foreign investment as the country looks to develop its national electricity grid. As of October 2019 the amount of foreign direct investment (FDI) approved by the government in the energy sector for that year stood at...
Although Myanmar’s installed generation capacity is 5 GW, actual generation capacity sits between 2.9-3.1 GW. With the Ministry of Electricity and Energy (MoEE) predicting that daily demand will increase by another 1.5 GW over the next few years, the authorities are looking at avenues to boost production levels. The World Bank expects demand...
Home to one of the world’s oldest oil and gas industries, the energy sector has long been a key pillar of Myanmar’s economy. While the sector continues to play an essential role in economic output, its true potential has not yet been realised, partly due to a counterproductive fiscal regime and unfavourable market conditions.
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