4th MOGP 2016 - 4th MOG, 4th Myanmar Oil & Gas Summit

17-18 Nov, 2016 - Yangon, MYANMAR

Meliá Yangon

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  • Industry Partner
    www.mbba.co.uk
  • Corporate Sponsor
    www.cmtevents.com/eventsponsorship.aspx?ev=161118b&
  • Exhibitor
  • Promotion Partner
    www.worldoils.com
  • Promotion Partner
    www.ecasb.com
  • Promotion Partner
    www,energyproducts1.com
  • Promotion Partner
    www.energy-business-review.com
  • Promotion Partner
    www.frontiermyanmar.com
  • Promotion Partner
    www.theenergyinfo.com
  • Promotion Partner
    www.conventuslaw.com
  • Promotion Partner
    www.chemmarket.info/en/
  • Promotion Partner
    www.oxfordbusinessgroup.com
  • Promotion Partner
    www.energyupdate.com.pk
  • Promotion Partner
    www.myanmar-business.org
  • Promotion Partner
    www.irrawaddy.org/
  • Promotion Partner
    www.mizzima.com

News Feed

MPPE joins Puma Energy to distribute jet fuel

Posted on : 01 Aug, 2016

 

The Myanmar Petroleum Products Enterprise (MPPE), under the Ministry of Electric Power and Energy, is planning to cooperate with National Energy Puma Aviation Services to distribute jet fuel at 11 airports, said MPPE director general Thant Zin.

 

The ministry signed a joint-venture agreement with Puma Energy in October 2015 to form National Energy Puma Aviation Services (NEPAS). The joint venture’s license was granted by the Myanmar Investment Commission (MIC) before the new government took over.

 

The company has distributed jet fuel at Yangon International Airport since October 1, 2015, and will distribute jet fuel at 11 airports before July 31 this year, according to the director general.

 

The ministry has long sought to distribute quality jet fuel, but faced difficulties buying machinery and safety equipment, being a state-owned enterprise. According to Thant Zin, the ministry had considered forming a joint-venture company since 2014.

 

51 percent of the joint-venture company is owned by the ministry, with 49 percent held by Puma Energy.

 

Find out more about how Myanmar is managing its export and domestic consumption for oil and gas, at the 4th Myanmar Oil & Gas Summit on 17-18 November in Yangon.

 

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