Extractive industries
Myanmar to receive revenues from China-Myanmar crude oil pipeline
Myanmar will gain financially from the China-Myanmar crude oil pipeline, which began operations in early April after the two countries signed an agreement for the transport of crude oil, said officials. The crude oil transport agreement was signed on April 10 in Beijing during president U ...
Dung Quất oil refinery works on expansion project
State-owned Bình Sơn Refinery and Petrochemical Company Limited (BSR) has completed the overall plan for the upgrade and expansion of the Dung Quất Oil Refinery. Trần Ngọc Nguyên, CEO of BSR, said the expansion project will cost more than US$1.8 billion, of which equity capital and ...
Singapore’s MOSB to become first foreign oil and gas supply base in Myanmar
Myanmar Offshore Supply Base (MOSB), a Singapore company, on July 11 received the green light from the Myanmar Investment Commission (MIC) to construct an oil and gas supply base in Mon State. It will be the first foreign-run oil and gas supply base in Myanmar. ...
MoF maintains raw iron export tax
The price of refined iron ore is 200 times more expensive than the raw iron ore for exporting, therefore, reducing the export tax on raw iron ore is unreasonable and discouraging investments in ore sorting technology, according to the Ministry of Finance (MoF).Keep reading ...
Banpu stays afloat despite Chinese floods
SET-listed coal miner Banpu Plc says massive flooding in China that killed dozens of people and destroyed major transport systems had had no adverse effects on the company’s operations in the country.Keep reading ...
Locals worried by huge cracks near coal mines in Thibaw
People living in Nam Ma village tract in Thibaw township, northern Shan State, are worried about large cracks in the earth that opened up recently in the area where a coal mine has been operating since 2004. On June 23, more than 600 people and 15 ...
Gov’t: public should be consulted on coal power
The government is currently streamlining its policy for the power sector to ensure the country’s energy security and coal can be one of the options, according to Daw Mi Mi Khaing, director general of Department of Electric Power Planning under the Ministry of Electricity and ...
Asia and the fall of coal
The sudden shift, years ahead of schedule, from coal toward renewables is remaking Asia’s energy economy – with repercussions to be felt across the world. The present – and future – does not look good for what, only a few years ago, seemed like a ...
New facility worries activists
Activists say a new sand-processing facility is under construction in Koh Kong’s Tatai Wildlife Sanctuary, in the vicinity of the area where two companies were granted permission to conduct environmental impact assessments (EIAs) for sand-dredging projects, documents show, despite a standing government ban on sand ...
Law on Minerals under revision
The government is revising the Law on Mining in the hope that its amendment will support sustainable development of valuable natural resources and bring the highest benefits to the nation.A workshop to learn and consult the proposed changes took place in Vientiane on Monday, which ...
