Several legal and policy developments are reshaping the landscape for petroleum products in Myanmar. A long awaited newly amended Law on Petroleum Products has just been issued with additional provisions covering the import, processing, logistics and supply of all types of petroleum products. And earlier this year, the Government changed its policy and allowed foreign investors access to a wide range of petroleum related business in Myanmar, including buying shares in existing Myanmar-owned petroleum businesses.
In this highly practical client briefing event, VDB Loi shares its outstanding experience working in this space with supermajors, petroleum product marketing companies, Governments and international institutions. Here are the highlights:
- Import, trading, storage, transport: Which activity is now allowed 100% foreign owned? Which as a JV?
- The new Petroleum Products Law: what are the key points to know?
- How does the new Petroleum Products Law impact Myanmar LNG import and regasification projects?
- Buying a stake in a Myanmar national-owned fuel terminal or distribution business: a new structuring option;
- Deal killers in fuel terminal due diligence: a roundup of VDB Loi experience scrutinizing land sites;
- Last minute changes adopted during the National Assembly discussion of the new Petroleum Products Law: what was the rationale behind the new provisions?
This event is by invitation only and free for VDB Loi clients (up to two persons per company). To request an invitation kindly click on the RSVP link in our Event Details section. We would like to get to know your business partners! If you bring your business partner to the event, both of you attend for free!
VDB Loi is a leading law and advisory firm in Myanmar. We assist the Myanmar Government with transactions and privatizations in the energy, transport and communications areas. Our team has advised 4 of the supermajors on their oil and gas interests, worked on several farm-in’s in recent years and is acting on the proposed purchase of a producing gas and pipeline interest. Our advisers are “highly praised by peers and clients alike as seasoned and informed professionals” (Asia Law) with “very high standards” (Legal 500) while the firm is “widely considered a power house” (Asia Law).