Meliá Yangon
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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