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. The project, which covers an area of over 193 acres onshore including some 46 acres of prime river front land, will provide a wide range of support services to the oil and gas operators in the waters off the coast in the Bay of Bengal.