The Myanmar Times
Monday, 20 October 2014
The Myanmar Times
The Myanmar Times

The geopolitical challenge for Myanmar’s energy sector

International financial institutions state that Asia is fast becoming a leader in the world economy. The emergence of Asia as a global powerhouse is being led by China, India, Indonesia, Japan, South Korea, Malaysia and Thailand.
 

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Positive FDI picture, but hurdles remain

In an indication of where Myanmar’s oil and gas sector is headed, a latest bidding round for 28 new offshore oil and gas blocks in September is expected to include western oil and gas companies, a Ministry of Energy official said earlier this month.
 

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Three main types of insurance policies in energy sector

General manager of the Myanma Insurance, Dr Mg Maung Thein discusses with The Myanmar Times reporter Thiha Toe about insurance policies in the energy sector.

 

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Concerns remain over Shwe gas benefits

U Khin Maung Thein, a resident of Kyaukphyu township, Rakhine State, recalled a statement he once heard that development is simply a change for the good.

 

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“I expect to see rapid change for the better” - U Moe Myint

The potential for Myanmar’s energy sector has never been better in light of the government’s efforts to reform the economy and subsequent lifting of many Western sanctions.


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Current development of major hydropower projects

The Myanmar Ministry of Electric Power (MEPE) signed an agreement with China Power Investment Corporation in May 2007 for the implementation of seven large dams along the Ayeyarwady, Maykha and Malikha Rivers in Kachin State.

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Myitsone should not resume, say experts and locals

Activists and local residents are renewing calls that the Myitsone dam project cannot be allowed to resume in the face of continuing efforts by China to restart.


 

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