2nd MOGP (Myanmar Oil, Gas & Power) Summit
03-06 Sep, 2012 - Yangon
Sedona Hotel Yangon
Equipped for NEW Ventures in Myanmar's
Upstream Oil, Gas & Power Generation
Opening Address by
His Excellency U Than Htay
Union Minister of Energy, Myanmar
2nd MOGP Summit (Myanmar Oil, Gas & Power) will convene in Yangon from 3 - 6 September 2012, with workshops focusing on joint ventures, project financing and geological outlook of Myanmar's hydrocarbons.
The Myanmar Oil, Gas & Power sector is the last frontier market in South East Asia and the Myanmar government aims to accelerate growth by encouraging foreign direct investment. Organized by CMT with Myanmar's Ministry of Energy as Official host, the 2nd MOGP Summit is the platform for key officials, global and local energy/power companies and investors to receive first-hand information on latest regulatory reforms, oil and gas fiscal regime (e.g. Production Sharing Contract) and tax structure updates.
Myanmar President U Thein Sein announced in June that the country will embark on a "second wave of reforms" in the Myanmar's Energy Sector to encourage and increase participation from the private sector and foreign investment.
At 2nd MOGP Summit, Official speakers' panel will present investment opportunities as the second round of bidding invitation commence for the upstream oil, gas as well as electric power sector. Participants can also find out how they can participate in this growth and development from leading oil and gas operators in Myanmar. The first MOGP Summit (March 2012) was successfully organized and attended by over 150 companies from more than 30 countries.
Currently, Myanmar is inviting prospective IPPs and PPPs for the electric power sector and discussions are already going on. Official speakers from Ministry of Electric Power (1) and (2) will lay out their requirement to new power plants increase the power supply capacity, fuel mix and requirement, and their role to facilitate foreign investment.
In the oil and gas sector, details on the Second Round of bidding invitation will be discussed at this 2nd MOGP Summit, by the officials from Ministry of Energy, that includes bids for deep and shallow-water blocks and onshore blocks. Particularly after the inaugural summit in March, the energy ministry has already been receiving enquiries from energy majors, NOCs, IOCs on the imminent prospects of acquiring E & P blocks and opportunity of implementing energy infrastructure development projects. 2nd MOGP Summit will also highlight Exploration and Production (E&P) project developments from leading oil & gas operators in Myanmar, current oil & gas infrastructure and future plan and gas market/pipeline opportunities.
This summit will host full attendance from key officials from Ministry of Energy, Myanmar Oil and Gas Enterprise (MOGE), Ministry of Electric Power (1) and (2), Myanmar Investment Commission (MIC), Directorate of Investment & Company Administration (DICA) as well as representatives from local oil, gas and power companies. 2nd MOGP Summit aims to bridge the connection between potential foreign investors and local companies, to tap into the potential in the booming oil, gas and power sector in Myanmar.
2nd MOGP Summit will be held at the Sedona Hotel Yangon, Myanmar. For registrations and enquiries, please contact Foo Huiyan at firstname.lastname@example.org or +65 6346 9113.
|You will network with|
CEOs, Presidents, GMs, Business Development Directors, E&P Directors, New Ventures Directors, Executives & Traders from Leading Oil & Gas Companies, Government Officials, Energy Consultants, Additives and Catalyst Companies, Project Financiers, Storage & Terminal Companies, EPC Companies, Legal Counselors
Read below testimonies from attendees
who benefitted from the 1st MOGP Summit
in March and enjoyed the warm
Well attended; interesting participants with local expertise
- WL Gore & Assocs Inc
It is a good forum discussing Myanmar oil, gas & power industry
- Krohne Oil & Gas
An excellent conference that attracted senior management and enabled a great exchange of information
It was a very informative and useful conference
- PT Istech Resources Asia
Constructive networking experience
- GL Noble Denton
Very good opportunity to learn the host
national company attitude
Provide an overview of the oil & gas market, very valuable
So mark your dates down NOW for the ONLY Official Summit on Myanmar's Oil, Gas & Power!
Be there to meet the decision makers, key officials from the energy ministry, electric power operators, and representatives from Myanmar national companies.
Introduction to Business Ventures in Myanmar
14:00 - 17:30 on 3 September
Led by legal expert Mr. Alessio Polastri
Managing Partner, P&A Asia
Residing in Yangon, he helps local and foreign companies involved in natural resources, corporate, infrastructure and banking & finance transactions.
He is currently assisting:
- a foreign investment bank in acquiring interest in a local mining company
- local companies in the development of several infrastructures n Myanmar
- a Government entity in setting up a joint venture with a local agriculture conglomerate
- foreign investors in setting up joint ventures with local individuals/companies in the hospitality industry
- a multinational involved in chemical industry in setting up a branch in Myanmar
|Above Pre-Conference Workshop is open to Conference Participants ONLY & is Optional - Separately Bookable|
The inaugural summit attracted over 300 delegates from 35 countries from the world's oil & gas industry. This record attendance is a positive response to Myanmar's rapid reforms as well as significant global interest on the opportunities in this new frontier for oil, gas and power sectors.
As Myanmar's onshore and offshore mineral potential is too great for investors to ignore, CMT will once again jointly organise the 2nd MOGP Summit to be held in Yangon on the 3 to 6 September 2012.
At the 2nd MOGP Summit, the official host, Ministry of Energy will announce details about Myanmar's newest round of international bidding foronshore blocks. As a matter of fact, at the 1st MOGP summit H.E. U Than Htay, Union Minister of Energy, Myanmar also remarked, "After the completion of First International Bidding Round, we will be launching another International Bidding Round for onshore blocks in due course"
Apart from above announcement, 2nd MOGP Summit will also address the following:
- Latest on Upstream Petroleum (Oil & Gas) Fiscal Regime
- Production Sharing Contracts (PSCs) Terms & Updates
- Project Experience & Perspectives from Existing E&P Operators
- Infrastructure Roadmap for Oil, Gas & Power Sectors (i.e. Pipelines, Ports & Storage Terminals)
- Requirement & Demand Mapping for Electricity/Power Utilities
- Fuel Requirement/Fuel Mix for Power Generation
- Role of Electric Power Ministry and Plans for Projects
- Updates on the Investment Law & Changes on Taxation, etc
- Securing Project Financing Facility for Investment in Oil, Gas & Power
PLUS - Separately Bookable Post Conference Workshop:
Prospectivity & Geology Outlook of Myanmar's Hydrocarbons
Do not delay - reserve your seats for this IMPORTANT event here or email email@example.com today.
In the meantime, we invite you to download the full text of the keynote address delivered at the 1st MOGP Summit for a foretaste of what to expect at the next 2nd MOGP Summit in September. Simply fill the form below to obtain your copy.
But just to be sure, pre-Register your interest and your team now here or email firstname.lastname@example.org today.
|Published articles for your interest and reference:|
Download 2nd MOGP Opening Address by Union Minister for Energy, HE U Than Htay here!
Posted on : 26 Feb, 2013
Thank you for your interest. Simply fill up the form below, click submit and check your email for the requested material.
Top officials and global energy & power majors participate in 2nd MOGP Summit in Yangon
Posted on : 31 Aug, 2012
2nd MOGP (Myanmar Oil, Gas & Power) Summit is coming up soon on 03-06 September 2012. Key officials and major energy stakeholders from across the globe including Exxonmobil, Chevron, ConocoPhillips, Shell, BP and many top international companies will be attending the summit.
Over 200 delegates have confirmed their participation, out of which 46.76% of them represent oil & gas exploration companies. Other segments marking their corporate presence are oil and gas service firms, energy consultants, geophysical services companies, traders, EPC companies, investors, legal service providers and others.
Opening Address by His Excellency U Than Htay, Union Minister of Energy, Myanmar is a main highlight of the event. The summit also includes talks by key officials from Ministry of Energy, Directorate of Investment and Company Administration (DICA), andMinistry of Electric Power No. (1) & (2), as well as sessions by industry experts spotlighting on Myanmar’s Upstream Oil & Gas segment, the latest on Processes & Infrastructure, and the new developments and plans in Myanmar’s Power Generation & Transmission.
The 4 days event also presents delegates with options to attend three separately bookable workshops on “Introduction to Business Ventures in Myanmar”, “Project Development & Financing for Oil/Gas & Power in Myanmar” and “Prospectivity & Geological Outlook of Myanmar Oil & Gas”.
To reserve seats for this event, REGISTER here now. Or forward your enquiries to Ms. Huiyan at email@example.com
European oil companies & Thailand's PTT active participants in Myanmar's energy sector
Posted on : 06 Aug, 2012
Myanmar, one of the world’s first oil producers , has opened up rapidly since a civilian government took office last year. With the easing of Western sanctions, European oil firms will participate in Myanmar’s first oil exploration tender, but U.S. companies might wait for more concrete reforms, said the head of a local oil firm. After at least 15 years, this tender will be the first opportunity for U.S. oil firms to take part in Myanmar’s energy sector.
Ken Tun, chief executive of Myanmar’s Parami Energy said, “Europe are definitely interested and will participate in the next round, the United States is showing interest but do not know what type of vehicle they will use to get in.” He also added that it is expected that Myanmar will offer six new onshore blocks in the 2012 tender and re-offer nine or ten blocks from last year’s offer. The details are yet to be confirmed by the government. Parami Energy, one of the few privately-owned oil and gas firms in Myanmar, will team up with Vietnamese-Russian oil venture Vietsovepetro to bid for blocks.
Meanwhile, Thailand’s top energy firm, PTT Pcl said that it is planning a $2 billion - $3 billion investment in Myanmar projects. This includes a 150,000-barrel-per-day refinery, coal mines and a power plant. PTT’s Chief Operating Officer, Nattachat Charuchinda said, “We are preparing the investment plans for the Myanmar government, which should involve around $2-3 billion.” He also said that PTT planned to set up a subsidiary, PTT Myanmar, to oversee its investment in the country, where it also wants to have 60 petrol stations within 5 years. PTT’s proposed investment is among the biggest to be announced.
Myanmar is attracting heavy interest from Western countries, as well as Asian players who are keen to participate in the nation’s energy sector. The 2nd MOGP (Myanmar Oil, Gas & Power) Summit from 03-06 September 2012 in Yangon is structured to bring the latest advancements in the country’s oil, gas and power industry. The Summit also features separately bookable workshops to deliver an all-encompassing overview of the varied aspects of doing business in Myanmar. REGISTER here now to attend the summit, or contact Ms. Huiyan at firstname.lastname@example.org for further information.
View complete articles at Reuters.com and here
Australia & PTT JV explores Myanmar energy opportunities
Posted on : 15 Jun, 2012
Myanmar is facing immense interest from foreign investors, chiefly due to the political and economic reforms in the country, plus countries lifting sanctions and improved diplomatic ties.
Australia’s Minister for Resources, Energy and Tourism, Martin Ferguson said his country is looking to build partnerships with foreign companies such as the US-based Chevron and Thailand’s PTT to invest in Myanmar. "We have encouraged Australian mining and petroleum companies to look at opportunities for oil and gas in Myanmar," he said at the World Economic Forum on East Asia. "Joint partnership is good, because we can share the expertise. Energy resources want huge investment up front, and we can share the risk and share the cost."
Mr Ferguson said investors are certainly looking forward to the implementation of political and fiscal reforms in the country.
The 2nd MOGP Summit on 03-06 September in Yangon, will discuss the latest on upstream petroleum (Oil & Gas) fiscal regime, Infrastructure roadmap for Oil, Gas & Power Sectors, updates on Investment Law and changes on Taxation, securing project financing facility for investment, and much more. The energy ministry will also announce details on Myanmar’s newest round of international bidding for onshore blocks.
While the details of the summit are being finalised, one may Pre-Register now to reserve seats for the event. For further enquiries, contact Ms. Huiyan at email@example.com
Excerpt taken from Bangkokpost.com
Energy Ministry approves international JVs for some national companies
Posted on : 25 May, 2012
In the fiscal year 2011-2012, Myanmar’s natural gas exports jumped to US$ 3.563 billion. Based on local media reports, the total figure was up $640 million from $2.92 billion in 2009-10. Export earnings were mostly from the Natural Gas from Yetagun and Yadana gas blocks. By 2013, natural gas from Shwe and Zawtika blocks will be exported.
$13.815 billion for 104 projects made up the foreign investment as of November 2011. Earlier press reports stated that the Energy Ministry has granted permits to 7 national-controlled companies to engage in JV business with international oil companies in 9 blocks. Out of these, 2 contracts have already been signed.
International oil companies from Indonesia, Thailand, France, Malaysia, Russia, China and India are now doing business in Myanmar. Foreign companies engaged since 1988 in the Taninthayi and Rakhine regions are Australia, Britain, Canada, China, Indonesia, India, South Korea, Malaysia, Russia, Singapore, Thailand and Vietnam.
Official statistics say that Myanmar is estimated to posses 3.2 billion barrels of recoverable crude oil reserve.
To deliver an overview of the kaleidoscopic developments taking place in Myanmar, the 2nd MOGP Summit to be held in Yangon from 3-6 September is bringing together an assembly of official speakers from the Ministry of Energy and the Ministry of Electric Power No.2, just to name a few as of now. A key highlight of the event is the Opening Address by Union Minister of Energy, Myanmar, His Excellency U Than Htay.
The event also boasts a half-day Pre-Conference workshop, which delegates can attend upon separate booking. One may Pre-Register now to attend this event, or contact firstname.lastname@example.org for further information on the conference.
Luncheon Sponsor Day 1
Luncheon Sponsor Day 2
Networking Reception Sponsor
Morning Reception Sponsor
U. Aung Ko Ko
U Aung Ko Ko is the Director of Director , Department of Hydropower Planning ,Ministry of Electric Power No. (1) ,the Republic of the Union of Myanmar.
He was born in 1968 and obtained B.Sc(D.S.A), M.Phil(English) and M.A (English).
U. Aung Ko Ko, Director, Department of Hydropower Planning
Ministry of Electric Power No. (1)
Outlook on the Hydro-Power Plants and Capacity in Myanmar
Day 3 [Wed 05, September], at 10:05 AM
Mr. Wijnand van Eck
Wijnand is head of the oil & gas debt finance and advisory team at Sumitomo Mitsui Banking Corporation (SMBC) in Singapore. Since joining SMBC in 2007, he has played key roles in several large-scale project finance transactions in the energy sector in Southeast Asia and Australia with a focus on LNG and gas related infrastructure, including LNG regasification terminals and floating LNG.
Previously at ING in Amsterdam and Singapore, he has nearly 15 years of experience in oil....
Mr. Wijnand van Eck, Head of Oil & Gas, Structured Finance Asia Pacific
Sumitomo Mitsui Banking Corporation
Project Financing for Oil/Gas & Power Infrastructure in Myanmar
Day 3 [Wed 05, September], at 11:35 AM
U. Ohn Thein
U Ohn Thein graduated in Petroleum geology (Rangon University) and Full Time Post- Graduate Diploma in Petroleum Exploration Geology (Oxford poly, U.K. ). He Joined State Oil Company (MOGE) as Field Geologist for 4 years, then he served as well site geologist, mud engineer at the several wells drilled in onshore and offshore for 15 years, as reservoir geologist for 6 years. He was Seconded to Amoco oil, Premier Oil, Texaco as geologist & MOGE Representative. Performed Exhibitions for MOGE a....Read more
U. Ohn Thein, PSC Coordinator/Senior Geologist/Advisor
PTTEP International Limited (Yangon Branch)
Highlights on Petroleum Geology of Myanmar (Onshore & Offshore)
Day 4 [Thu 06, September], at 09:10 AM