Myanmar

prelude

Back in 2011, Shell took the final investment decision (FID) on its Prelude FLNG project and started having a floating liquefied natural gas (FLNG) terminal built in South Korea in order to produce and export LNG from the so-called Browse Basin, about 300 miles off the coast of Western Australia. This project is the first… Keep reading →

Yangon Economy Expands As Reforms Allow Business Growth

  In the last article of Breaking Energy’s series on Myanmar, we take a look at the state of foreign investment. For more on the challenges facing the government and how the country uses electricity, see the first article. For details on the government’s pricing structure and demand projections, see the second article. While residents… Keep reading →

Life On Inle Lake In Myanmar

In the second part of our series on Myanmar’s power sector, Breaking Energy takes a look at the pricing structure and future demand projections. Both are integral to understanding the third installment on independent power producers (IPPs) and foreign direct investment (FDI). See the first installment on challenges facing the newly-democratic nation here. The government… Keep reading →

Burmese Punks Deliver Food To Some Of Yangon's Poorest Communities

In this series on Myanmar’s power sector, Breaking Energy takes a look at the dynamics of the sector, what’s driving change, how foreign investors are getting involved, and the challenges facing the government. In Part I below, we examine the state of the sector. Last November, residents of the new, more democratic Myanmar took to… Keep reading →

Kuwait Promises To Increase Oil Production In Case  Of War

We hope everyone had a wonderful Thanksgiving and ate far too much yesterday… PetroChina has agreed to buy 25% of the West Qurna oil field in Iraq from ExxonMobil for an undisclosed sum. An analyst at Sanford Bernstein previously estimated the value of ExxonMobil’s 60% interest in the field at $3 billion. [Bloomberg] An easing… Keep reading →