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

Opportunities in building and operating Offshore bases in Myanmar

Posted on : 14 Oct, 2016

 

With several international oil companies starting up operations in Myanmar, the lack of off shore facilities available is causing concern. Currently oil and gas companies use supply bases in Thailand and Singapore, increasing costs and depriving Myanmar of economic benefits.  To remedy this, the Myanmar Oil and Gas Enterprise, MOGE, is planning on issuing a tender for the construction and operation of several offshore bases. It is also looking for an international consultant to lend expertise on the process.

 

MOGE invited bids from relevant companies for a joint venture in the first half of the year and received 52 expressions of interest (EOI) from local as well as international companies. The process has suffered a setback with no forward movement since the EOIs were received. MOGE has promised to contact all the companies that sent in EOIs when they send out the tender.

 

Myanmar believes it needs several off shore bases but the exact number will be decided once the consultant is hired. However, no one company will be allowed to operate and build more than one base to prevent a monopoly situation from arising.  

 

For more information on the state of the Oil and Gas industry in Myanmar, attend CMT’s MOGS Summit on Nov 17-18 2016 in Yangon.

 

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