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Oil And Gas Industry In Myanmar
Myanmar, is a developing country and an important natural gas and petroleum producer in Asia. It is home to one of the world's oldest petroleum industries, with its first crude oil exports dating back to 1853. Today, the country is one of the major natural gas producers in the Asian continent. Decades of isolation, sanctions, a lack of technical capacity, opaque government policies and insufficient investment has impeded the country's efforts to develop an upstream hydrocarbon sector. Recent but slow political reform has led the international community to ease sanctions on Burma, giving rise to hopes of greater investment and economic growth. In 2015-2016, the petroleum industry attracted the highest-ever amount (USD 4.8 billion) of foreign direct investment (FDI) in the history of Myanmar. History Early British explorers in Burma discovered a flourishing oil extraction industry in the town of Yenangyaung in 1795. The area had hundreds of hand-dug oil wells under the hereditary c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yenangyaung Oil Wells
Yenangyaung (; literally "stream of oil") is a city in the Magway Region of central Myanmar, located on the Irrawaddy River and 363 miles from Yangon. Until 1974, it remained the capital city of both Minbu Division (now Magway Division) and Yenangyaung District. The population of Yenanchaung was 45,120 according to the 2014 census, but it reached 49,938 in September 2020. This makes it the fourth-largest city in the Magway Region, after Pakokku, Magway, Myanmar, Magway and Aunglan. General Aung San received his secondary education in this city. Education and geography Education Yenangyaung is home to Yenangyaung University and Yenangyaung Government Technical Institute, as well as No.(1) Basic Education High School, which turned 100 years old in January 2015. Geography Yenangyaung is located along the Irrawaddy River, and is divided into 14 main quarters, namely: * Thit-ta Bwe * Ywarthit * Obo * Nyaung Hla * Myoma (South) * Myoma (North) * Sonetite * Shwe Kyar-nyone * Myay ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ne Win
Ne Win (; ; 24 May 1911 – 5 December 2002), born Shu Maung (; ), was a Burmese army general, politician and Prime Minister of Burma from 1958 to 1960 and 1962 to 1974, and also President of Burma from 1962 to 1981. Ne Win was Burma's military dictator during the Socialist Burma period of 1962 to 1988. Ne Win founded the Burma Socialist Programme Party (BSPP) and overthrew the democratic Union Parliament of U Nu in the 1962 Burmese coup d'état, establishing Burma as a one-party socialist state under the Burmese Way to Socialism ideology. Ne Win was Burma's ''de facto'' leader as chairman of the BSPP, serving in various official titles as part of his military government, and was known by his supporters as U Ne Win. His rule was characterized by a non-aligned foreign policy, isolationism, one-party rule, economic stagnation, and superstition. Ne Win resigned in July 1988 in response to the 8888 Uprising that overthrew the Burma Socialist Programme Party, and was rep ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thailand
Thailand, officially the Kingdom of Thailand and historically known as Siam (the official name until 1939), is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. With a population of almost 66 million, it spans . Thailand Template:Borders of Thailand, is bordered to the northwest by Myanmar, to the northeast and east by Laos, to the southeast by Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the southwest by the Andaman Sea; it also shares maritime borders with Vietnam to the southeast and Indonesia and India to the southwest. Bangkok is the state capital and List of municipalities in Thailand#Largest cities by urban population, largest city. Tai peoples, Thai peoples migrated from southwestern China to mainland Southeast Asia from the 6th to 11th centuries. Greater India, Indianised kingdoms such as the Mon kingdoms, Mon, Khmer Empire, and Monarchies of Malaysia, Malay states ruled the region, competing with Thai states s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Myanmar Civil War (2021-present)
Myanmar has been embroiled in armed conflict since 1948, when the country, then known as Burma, gained independence from the United Kingdom. The conflict has largely been ethnic-based, with ethnic armed organisations fighting Myanmar's armed forces, the Tatmadaw, for self-determination. Despite numerous ceasefires and the creation of autonomous self-administered zones in 2008, armed groups continue to call for independence, increased autonomy, or the federalisation of Myanmar. It is the world's longest ongoing civil war, spanning almost eight decades. In 1940, during World War II, Burmese intellectuals formed the Thirty Comrades, who established the Burma Independence Army (BIA) to fight against the Allies. Aung San led the Axis-puppet State of Burma, before switching allegiance to the Allies in mid-1944. Post-war negotiations led to Burma's independence in 1948, but ethnic tensions arose after the Burmese government refused to honour the 1947 Panglong Agreement, which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2021 Myanmar Coup D'état
A coup d'état in Myanmar began on the morning of 1 February 2021, when Elections in Myanmar, democratically elected members of the country's ruling party, the National League for Democracy (NLD), were deposed by the Tatmadaw, Myanmar's military, which then vested power in a State Administration Council, military junta. Acting President of Myanmar Myint Swe proclaimed a year-long state of emergency and declared power had been transferred to Commander-in-Chief of Defence Services Senior general (Myanmar), Senior General Min Aung Hlaing. It declared the results of the 2020 Myanmar general election, November 2020 general election invalid and stated its intent to hold a Next Myanmar general election, new election at the end of the state of emergency. The coup d'état occurred the day before the Assembly of the Union, Parliament of Myanmar was to swear in the members elected in the 2020 election, thereby preventing this from occurring. President Win Myint and State Counsellor of My ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tatmadaw
The Tatmadaw, also known as the Sit-Tat, is the armed forces of Myanmar (formerly Burma). It is administered by the Ministry of Defence and composed of the Myanmar Army, the Myanmar Navy and the Myanmar Air Force. Auxiliary services include the Myanmar Police Force, the Border Guard Forces, the Myanmar Coast Guard, and the People's Militia Units. Since independence in 1948, the Tatmadaw has faced significant ethnic insurgencies, especially in Chin, Kachin, Kayin, Kayah, and Shan states. General Ne Win took control of the country in a 1962 coup d'état, attempting to build an autarkic society called the Burmese Way to Socialism. Following the violent repression of nationwide protests in 1988, the military agreed to free elections in 1990, but ignored the resulting victory of the National League for Democracy and imprisoned its leader Aung San Suu Kyi. The 1990s also saw the escalation of the conflict involving Buddhists and Rohingya Muslims in Rakhine State due ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sino-Myanmar Pipelines
Sino-Myanmar pipelines refers to the oil and natural gas pipelines linking Myanmar's deep-water port of Kyaukphyu in the Bay of Bengal with Kunming in Yunnan province of China. History Talks between China and Myanmar on the feasibility of the project began in 2004. In December 2005, PetroChina signed a deal with Myanmar's Government to purchase natural gas over a 30-year period. Based on this agreement, the parent company of PetroChina, China National Petroleum Corporation (CNPC), signed on 25 December 2008 a contract with the Daewoo International-led consortium to purchase natural gas from the Shwe gas field in A-1 offshore block. The pipeline is viewed as a strategic measure to reduce China's dependence on maritime routes through the Strait of Malacca, a vulnerability known as the "Malacca dilemma," by providing a direct overland route for energy imports from the Indian Ocean. The plan to build the oil and gas pipelines was approved by China's National Development and Ref ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by Paul Reuter. The Thomson Corporation of Canada acquired the agency in a 2008 corporate merger, resulting in the formation of the Thomson Reuters Corporation. In December 2024, Reuters was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History 19th century Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions of 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shwe Gas Field
The Shwe gas field is a natural gas field in the Andaman Sea, offshore from Myanmar. Discovered in 2004, it was developed by Daewoo, determining it to have initial total proven reserves of around 9.1 trillion ft3 (260 km3). It began production of natural gas and condensates in 2013, with a production rate of around 700 million ft3/day (20×105 m3). See also *Kyaukpyu Township *Sino-Myanmar pipelines Sino-Myanmar pipelines refers to the oil and natural gas pipelines linking Myanmar's deep-water port of Kyaukphyu in the Bay of Bengal with Kunming in Yunnan province of China. History Talks between China and Myanmar on the feasibility of the p ... References Natural gas fields in Myanmar {{Myanmar-geo-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daewoo International
POSCO International Corporation (Korean: 포스코인터내셔널) is South Korea's largest trading company and a subsidiary of POSCO. The company was founded by Kim Woo-choong in 1967 as Daewoo Industrial Co., Ltd, which ran its business in trading and construction. In 1999, the company faced at least $50 billion in debt, and Daewoo became formally dismantled. In 2000, as Daewoo Group faced work-out program, Daewoo Industrial Co., Ltd's trading segment was split and established as "Daewoo International Corporation". Afterwards, it succeeded in general trading license and was listed on the stock market again. In 2016, the Company name changed from "Daewoo International" to "POSCO Daewoo". After merging with Posco P&S in 2017, the company name was changed to what it is currently, "POSCO International Corporation" in 2019 On 2 November 2020, POSCO International and Erae AMS was to supply the Vietnamese carmaker VinFast with electrical vehicle (EV) components. It aimed to issue ESG ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China National Petroleum Corporation
The China National Petroleum Corporation (CNPC) () is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing, Dongcheng District, Beijing. CNPC was ranked fourth in 2022 Fortune Global 500, a global ranking of the largest corporations by revenue. Corporate structure CNPC is the government-owned parent company of publicly listed PetroChina, which was created on November 5, 1999, as part of the restructuring of CNPC. In the restructuring, CNPC injected into PetroChina most of the assets and liabilities of CNPC relating to its hydrocarbon exploration and production, Oil refinery, refining and marketing, chemicals and natural gas businesses. CNPC and PetroChina develop overseas assets through a joint venture, the CNPC Exploration & Development Company (CNODC), which is 50% owned by PetroChina. In March 2014, CNPC Chairman Zhou Jiping announced that CNPC would be opening six ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Myanma Oil And Gas Enterprise
Myanma Oil and Gas Enterprise (; abbreviated MOGE) is a national oil and gas company of Myanmar. It was established in 1963. MOGE royalties and fees are estimated to generate in annual revenues, about half of the country's foreign currency reserves. The company is a sole operator of oil and gas exploration and production, as well as domestic gas transmission through a onshore pipeline grid. History MOGE was established in 1963 after nationalisation of the Burmese petroleum industry. The nationalised assets of Burmah Oil Company were amalgamated to MOGE. MOGE discovered the Mann oil field in 1970. Peak production in 1979 was 23,000 barrels of oil per day, about three-quarters of Myanmar's total production. 2021 coup Since the 2021 Myanmar coup d'état, MOGE has become the largest foreign currency source for the military regime, the State Administration Council. In February 2022, the European Union imposed sanctions on MOGE. In January 2023, the American government sanct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
