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Oil & Gas Myanmar 2014 caters to flourishing energy sector in Myanmar


Published Aug 12, 2014
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Oil & Gas Myanmar 2014

The inaugural edition of Oil & Gas Myanmar 2014, a dedicated industry trade event focusing on Oil & Gas Exploration and Production & Refining, will be unveiled at the Myanmar Convention Centre (MCC) from 15 to 17 October 2014 amidst an exciting and promising era in the country’s energy sector.

Myanmar has seen noticeable benefits since the opening of its energy sector to foreign investors in recent years. Data from the Myanmar Investment Commission put oil and gas foreign investments at USD$14.372 billion last year[1], accounting for 33.46 per cent and ranking second in the country's foreign investment after electric power.

The country has awarded offshore petroleum exploration blocks tenders to international energy companies, including major players like ConocoPhillips, Royal Dutch Shell PLC, and Total SA – a clear sign of the development of the country’s potentially vast hydrocarbon resources.

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