Gas
28
May
2019
Myanmar Power Barges: Legal and Tax Issues
Lack of electricity generation and the growing demand in power supply have led the government of Myanmar to resort to short-term power rental projects to feed electricity into the grid as early as 2014 when the government awarded a number of power rental projects to companies such as Aggreko and APR Energy. Highlights of this […]
31
Oct
2018
Energy and Infrastructure Market: Our Latest Insights (VDB Loi Insights)
      HIGHLIGHT OF THIS MONTH From our Energy and Infrastructure Team Energy and Infrastructure Market: Our Latest Insights Myanmar is undertaking a series of reforms, both in terms of laws and policies, that strengthen the country’s attractiveness for energy and infrastructure projects. Many of these reforms, although they are crucial, are not widely […]
28
Feb
2018
LNG to Power, Condo Rule Changes and New Compliance Rules (VDB Loi insights this month)
On 30 January 2018 the Ministry of Electricity and Energy (MOEE) held a ceremony in NayPyiTaw to sign four so-called “Notices to Proceed”, each one for a planned LNG or Gas to Power project, in total nearly 3,000 MW.
28
Feb
2018
Japanese investors try to catch up in Myanmar energy investments
Despite their high profile presence in Myanmar, there are relatively few Japanese invested energy projects slated as a priority project in Myanmar. For example, the four recently announced LNG/Gas to Power projects which received approval from the Government have no Japanese investors at this stage. This was one of the issues discussed at a recent […]
28
Feb
2018
Four Things to Wonder About Myanmar’s Four LNG/Gas to Power Projects
On 30 January 2018 the Ministry of Electricity and Energy (MOEE) held a ceremony in NayPyiTaw to sign four so-called “Notices to Proceed”, each one for a planned LNG or Gas to Power project, in total nearly 3,000 MW. Highlights Highlights of this note What is a Notice to Proceed? Why a Notice To Proceed […]
31
Jan
2018
Myanmar Somewhat Unexpectedly Signs 4 Major LNG/Gas-to-Power Projects
The Ministry of Electricity and Energy (MOEE) has yesterday approved 4 large gas/LNG to power projects. The MOEE is using a new approval instrument which they call the “Notice to Proceed” (NTP). Highlights of this note Total & Siemens consortium at Kanbauk in Taninthary Region Ayeyarwady Region LNG to Power project TTCL’s LNG to power […]
2
Oct
2017
Producing and Exporting Gas: Myanmar Legal and Tax Developments
Myanmar is a country rich in resources and potential which currently has 16 onshore blocks and 19 offshore blocks in production. The offshore Yadana (TOTAL, Chevron and PTTEP) and Yetagun (Petronas, PTTEP) natural gas projects started production in 1998 and 2000 respectively under gas sales contracts to the Thai state oil company PTT. Highlights Government […]
23
Apr
2015
Oil & Gas Myanmar Update
Welcome to VDB Loi’s Oil and Gas Myanmar Update! Highlights of this issue: Key lessons learned from negotiating production sharing contracts with the Ministry of Energy Environmental approvals for upstream oil and gas activity Salient tax features of production sharing contracts in Myanmar Questions on the Myanmar taxation of oilfield Services under its double taxation […]
9
Jan
2015
What Does it Take to Implement the Extractive Industries Transparency Initiative (EITI) in Myanmar?
In following of press declare 99/2012 establishing the leading authority charged with EITI implementation. Myanmar was accepted as an EITI Candidate at the International EITI Board meeting on 2 July 2014. That simply means, however, that the process for outlining and hopefully implementing reforms has started. In order for Myanmar to become “EITI Compliant”, which […]
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