Energy
From The Report: Myanmar 2018
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Myanmar’s energy sector is set to remain on a steady headline growth trajectory in 2018, with rising domestic electricity and fuel consumption, abundant renewable resources, and a strategic geographic location at the crossroads of India and China continuing to offer opportunities to foreign investors. Although the upstream oil and gas segment’s near-term outlook is subdued given current global oil market conditions, internal conflict and an unattractive fiscal regime, downstream opportunities are plentiful, supported by limited domestic refining capacity, rising vehicle ownership, lack of available imports, storage and distribution infrastructure, and ongoing economic liberalisation measures. Private sector participation has been strong in the power industry, and should remain this way as the government continues to deploy PPPs to boost installed capacity. This chapter contains interviews with U Thein Win Zaw, Chairman, Shwe Byain Phyu; Daw Ei Phyusin Htay, Managing Director, Barons & Fujikura EPC; and Ken Tun, CEO, Parami Energy Group.