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In the first eight months of the current fiscal year, imports of petrol were nearly three million tonnes, down nearly 1.3 million tonnes from the same period of last year

In the first eight months of the current fiscal year, imports of petrol were nearly 3 million tonnes, down from nearly 1.3 million tonnes in the same period last year, according to the Ministry of Commerce. In the eight months from October 1 to May 28 of the 2020-2021 fiscal year, the country imported 2.987 million tonnes of kerosene worth $ 1.407 billion, according to an official from the Ministry of Commerce. In the same period last year, 4.284 million tonnes of motor oil was imported, valued at $ 2.045 billion. In the first eight months of the current fiscal year, imports of kerosene fell by 1.296 million tonnes, valued at more than $ 638 million, compared to the same period last year.

Imports of 1.796 million tonnes of diesel were valued at $ 792.019 million during the same period, down more than 888,000 tonnes and $ 450 million from the same period last year, according to the Ministry of Commerce. Imports of 1.191 million tonnes of petrol were valued at $ 615.380 million, down more than 400,000 tonnes and $ 188 million from the same period last year. According to a statement from the Ministry of Commerce, Myanmar imports around six million tonnes of kerosene a year. Imports of kerosene fell by about $ 500 million in the 2019-2020 fiscal year due to falling oil prices, but by more than 700,000 tonnes more than the previous year.

In the last fiscal year 2019-2020, imports of more than six million tonnes of kerosene were valued at $ 2.666 billion. In the 2018-2019 fiscal year, imports of more than 5.3 million tonnes of kerosene were valued at $ 3.165 billion. On June 14, domestic petrol prices were 995 kyats per liter for diesel; Premium diesel costs 1,005 kyats per liter and petrol (RON 92) costs 995 kyats per liter. Gasoline (RON 95) costs 1,080 kyats per liter, according to local petrol stations. On February 3, the price of diesel was 660 kyats per liter. Premium diesel 670 kyats. Octane 92 Ron 620 kyats per liter; Octane 95 Ron is only 750 kyats per liter, according to figures released by the Myanmar Petroleum Importers and Distributors Association (MPTA). According to the above prices, domestic gasoline prices have risen by 30 to 40 percent per liter over the past four months, depending on the type of fuel.

Source: Daily Eleven

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YCDC planning to build 50 mln euro worth Waste to Energy plant in Htainpin dump site

Myanmar’s Waste to energy and waste to biogas plant, backed by Poland’s government technology and financial support, will be built in Htainpin dump site in Hlinethaya Township, with the lowest possible environmental impact, according to the Yangon City Development Committee (YCDC). YCDC has projected to build the waste to energy and waste to biogas plant in Htainpin dump site, in cooperation with Poland government. Htainpin dump site has been polluted. This biofuel plant will produce the compressed natural gas CNG and other biofuels which can substitute firewood and reduce water and air pollution, said Dr Aung Myint Maw, director of YCDC (Environmental Conservation and Cleaning Department).

This plant will be constructed with the low-interest loan 50 million euro of Poland government. The Environmental Conservation and Cleaning Department is daily handling more than 2,500 tonnes of garbage, and 1,500 tonnes of garbage is disposed at Htainpin dump site. This biofuel plant will generate CNG from 1,000 tonnes of garbage. Additionally, the Environmental Conservation and Cleaning Department under the YCDC cooperated with the JFE Engineering, which is commissioned by the Tokyo Metropolitan Government, to build the first ever Yangon Waste to Energy Plant. The plant is located on 15 acres of land near Hlawkar Road in Shwepyitha Township, Yangon, and the project cost US$16 million.

The plant burns 60 tonnes of garbage from Mingaladon dump site to generate 760 KW electricity per day. About 400 KW of electricity is used to operate the plant and other 300 KW are fed into Yangon Electricity Supply Corporation (YESC)’s national power grid. Therefore, it can supply about 180 MWh per month. About 2,500 tonnes of solid waste are daily generated in Yangon. At present, Yangon Waste to Energy plant can incinerate only 60 tonnes of waste to generate electricity. As a result of this, the YCDC stepped up to implement the waste to energy and waste to biogas project. Poland government is mulling over it to sign an agreement amid the surging coronavirus cases. They will make concerted efforts to start this project.

Source: The Global New Light of Myanmar

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List of Successful Bidders for Power Plants under the Department of Sustainable Energy and Hydropower for the Fiscal Year 2020-2021 is released

The Ministry of Power and Energy has released a list of successful companies for the power plants under the Department of Sustainable Energy and Hydropower for the fiscal year 2020-2021. The list of company that have won the tender has been announced by the Ministry of Electricity and Energy Tender No.47 & 48 / EPGE / 2020-2021 from MOGE website for power plants under the Department of Sustainable Energy and Hydropower for the fiscal year 2020-21. Meeting No. of Tender Scrutiny Committee (17 / 2020-2021) and Tender No.49 & 56 / EPGE / 2020-2021 Meeting of Tender Scrutiny Committee No. (24 / 2020-2021). Among the successful bidders for power plants under the Department of Sustainable Energy and Hydropower, Yadanar Theingi Co., Ltd, Min Wai Thit International Co., Ltd, Pacific High Technology International Co., Ltd, Zayar Regal Aurum Co., Ltd, SOFU Co., Ltd, Arkarthit Enterprise Co., Ltd, Win Sabei Co. , Ltd and Constructive Engineers Co., Ltd are included.

In the 2019-2020 fiscal year, 3,225 megawatts of hydropower will be generated from energy sources. 2773 MW from natural gas; 40 megawatts of solar power; LNG has generated 900 megawatts and coal from 120 megawatts for a total of 7058 megawatts, according to the Ministry of Power and Energy. In 2015-2016 fiscal year, 3181 MW from hydropower in; 1752 MW from natural gas; Coal generates 120 megawatts for a total of 5,053 megawatts. 63% from hydropower; 35% from natural gas and 2% from coal are generated. In the 2018-2019 fiscal year, 11,227.82 million kilowatt-hours will be generated from hydropower generation. 9366.56 million kilowatt hours from natural gas; 2,169.70 million kilowatt hours from steam; Diesel produces 104.73 million kilowatt-hours, according to the Central Statistics Office, citing the Ministry of Power and Energy.

In the 2018-2019 fiscal year, 11,227.82 million kilowatt-hours will be generated from hydropower generation. 9366.56 million kilowatt hours from natural gas; 2,169.70 million kilowatt hours from steam; diesel produces 104.73 million kilowatt-hours, according to the Central Statistics Office, citing the Ministry of Power and Energy. In the 2017-2018 financial year, 12,265.03 million kilowatt hours from hydropower; 7,459.22 million kilowatt-hours from natural gas; 1,080.60 million kilowatt hours from steam; diesel generates 77.55 million kilowatt hours. In the 2016-2017 financial year, 12,265.03 million kilowatt hours from hydropower; 7,459.22 million kilowatt-hours from natural gas; 1,080.60 million kilowatt hours from steam; diesel generates 77.55 million kilowatt hours. The annual power generation capacity of the Ministry of Electricity and Energy was 15965 million units in the 2015-2016 fiscal year. 17867 million units in the 2016-2017 financial year.

In the fiscal year 2017-2018, million units 200555; In the 2018-2019 financial year, 22879 million units; In the 2019-2020 fiscal year, production increased to 27,300 million units, according to a statement from the Central Statistics Office, citing the Ministry of Power and Energy. According to the officials from the Ministry of Power and Energy, four projects are underway including Upper Kengtung Hydropower Project, 51 MW for Myanmar’s electricity needs; 280 MW Upper Yeywa Hydropower Project; 152 MW Central Paunglaung Hydropower Project and 111 MW Thu Htay hydropower project. The Upper Kyaing Kaung Hydropower Project (51 MW) is being built in 2021-2022 and the Upper Yeywa Hydropower Project will generate 280 MW in 2022-2023 to meet the growing demand for electricity. A 152-megawatt central Paunglaung hydropower plant is under construction in 2024-2025 and the 111-megawatt Thu Htay hydropower project is expected to be completed in 2025-2026.

Source: Daily Eleven

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In the first eight months of the current fiscal year, natural gas exports generated about $ 1.4 billion, down more than $ 1 billion from the same period last year

In the first eight months of the current fiscal year, natural gas exports earned about $ 1.4 billion, down more than $ 1 billion from the same period last year, according to an official from the Ministry of Commerce. In the eight months from October 1 to May 28 of the 2020-2021 fiscal year, only $ 1.389 billion was earned from natural gas exports. In the same period last year, it earned $ 2.406 billion. Over the past five years, Myanmar has earned more than $ 17.5 billion from natural gas exports, with the largest export in the 2018-2019 fiscal year at over $ 3.9 billion, published by the Information Unit.

From October 2019 to September 2020, the last fiscal year 2019-2020, natural gas exports generated $ 3.506 billion ($ 3506.62 million). In fiscal year 2018-2019, revenue from natural gas exports reached $ 3.924 billion ($ 3924.92 million). Revenue from natural gas exports in the 2017-2018 fiscal year was $ 3.513 billion ($ 3,513.21 million). In the 2016-2017 fiscal year, revenue was $ 3.116 billion ($ 3,116.34 million). Revenue was $ 3.445 billion ($ 3,445.10 million) in the 2015-16 fiscal year.

Annual natural gas production in the 2016-2017 fiscal year was 67,000 million cubic feet; In the 2017-2018 financial year, 667583 million cubic feet. In the 2018-2019 fiscal year, it produced 62,7007 million cubic feet and in the fiscal year 2019-2020, 670,362 million cubic feet were produced. At the press conference held at the Ministry of Information in Nay Pyi Taw on May 9, 2019, the State-owned newspaper published a statement on the activities of the Ministry of Electricity and Energy in the third year of the people.

According to the Ministry of Power and Energy, there are a total of 104 oil and gas blocks in Myanmar, of which 51 are offshore and 53 onshore. If we look at the per capita electricity consumption increase year by year, the fiscal year 2015-2016 was 263 kWh; 301 kWh in the 2016-2017 financial year; 335 kilowatt hours in the 2017-2018 fiscal year; In the 2018-2019 fiscal year, it was 379 kilowatt hours and in the 2019-2020 fiscal year, it increased to 432 kilowatt hours, and in five years it increased to 169 kilowatt hours, according to the Ministry of Power and Energy.

Source: Daily Eleven

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Although the hydropower generation was the largest in annual power production, in 2019-2020 fiscal year, natural gas became the largest at 11,618.21 million kilowatt hours, followed by hydropower at 9,366.35 million kilowatt hours

According to the Central Statistics Office, 9,366.35 million kilowatt-hours were generated from hydropower in the 2019-2020 fiscal year, compared to hydropower generation, which accounted for the largest annual increase in Myanmar’s electricity generation.  In the 2019-2020 fiscal year, 9,366.35 million kilowatt-hours will be generated from hydropower. 11618.21 million kilowatt hours from natural gas; In the 2018-2019 financial year, 11227.82 million kilowatt hours from hydropower; 9366.56 million kilowatt hours from natural gas; In the 2017-2018 financial year, 11,265.03 million kilowatt hours from hydropower; 7,459.22 million kilowatt-hours from natural gas; In the 2016-2017 fiscal year, 10441.61 million kilowatt hours from hydropower; Natural gas produces 17577.56 million kilowatt hours.

In the 2019-2020 fiscal year, 3,225 megawatts of hydropower will be generated from energy sources. 2773 MW from natural gas; 40 megawatts of solar power; According to the Ministry of Power and Energy, LNG has generated 900 megawatts and coal from 120 megawatts for a total of 7,058 megawatts. Hydropower accounts for 46% of total electricity generation; 39% from natural gas; 13% from LNG; One percent is made from solar and two percent from coal. 3181 MW from the 2015-2016 fiscal year; 1752 MW from natural gas; Coal generates 120 megawatts for a total of 5,053 megawatts. 63% from hydropower; 35% from natural gas and 2% from coal.

In the 2018-2019 fiscal year, 11227.82 million kilowatt-hours will be generated from hydropower generation. 9366.56 million kilowatt hours from natural gas; 2,169.70 million kilowatt hours from steam; Diesel generates 104.73 million kilowatt hours. In the 2017-2018 financial year, 12,265.03 million kilowatt hours from hydropower; 7,459.22 million kilowatt-hours from natural gas; 1,080.60 million kilowatt hours from steam; Diesel generates 77.55 million kilowatt hours. In the 2016-2017 financial year, 12,265.03 million kilowatt hours from hydropower; 7,459.22 million kilowatt-hours from natural gas; 1,080.60 million kilowatt hours from steam; Diesel generates 1.55 million kilowatt hours.

The annual capacity generation of the Ministry of Electricity and Energy was 15965 million units in the 2015-2016 fiscal year. 17867 million units in the 2016-2017 financial year; In the fiscal year 2017-2018, million units 200555; Production increased to 228,799 million units in the 2018-2018 fiscal year and 27,300 million units in the 2019-2020 fiscal year. If we look at the per capita electricity consumption increase year by year, the fiscal year 2015-2016 was 263 kWh; 301 kWh in the 2016-2017 financial year; 335 kilowatt hours in the 2017-2018 fiscal year; In the 2018-2019 fiscal year, it was 379 kilowatt hours and in the 2019-2020 fiscal year, it increased to 432 kilowatt hours, and in five years it increased to 169 kilowatt hours, according to the Ministry of Power and Energy.

Source: Daily Eleven

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Fuel oil import down by 1 mln tonnes in seven months (Oct-Apr)

MYANMAR imported nearly US$1.2 billion worth 2.7 million tonnes of diesel and gasoline during the past seven months (Oct-Apr) of the current financial year 2020-2021, indicating a sharp drop of 1 million tonnes ($663.347 million) compared to the corresponding period of last year, according to the Ministry of Commerce. In the current budget year, Myanmar imported 1.6 million tonnes ($721.173 million) of diesel and over 1 million tonnes (536.113 million) of petrol, as per data of the Commerce Ministry. Typically, a monthly oil import is estimated at $400 million, yet the oil importers face banking restrictions for maritime trade. Oil importers via land border can use informal payment Hundi system instead, said an importer. At present, the domestic fuel oil price has risen above 30 per cent per litre in three months.

The heightened coronavirus restriction and possible lockdown in Asia sparked oil demand concerns, coupled with a strong dollar exchange rate. The fuel oil was pegged at around K620 per litre for Octane 92, K750 for Octane 95, K660 for diesel and K670 for premium diesel in early February 2021 in the domestic retail market. On 13 May, it rallied to the highest of K1,005 for Octane 92, K1,090 for Octane 95, K1,005 fordiesel and K1,015 for premium diesel, according to the local fuel oil market. Domestic oil price is positively related to the global market and the dollar value. Crude oil futures have rallied to their highest finish in months, with WTI climbing above $65 per barrel in mid-May. Additionally, the foreign exchange rate also affects the petroleum price. The US dollar is gaining against Kyat in the local forex market starting from April, rising above K1,600 per dollar.

In mid-February, a dollar was worth only K1,430. Usually, Myanmar imports fuel oil primarily from Singapore, with monthly volumes touching 200,000 tonnes for gasoline and 400,000 tonnes for diesel. About 2,000 fuel stations and over 50 oil importer companies exist in Myanmar, Myanmar Petroleum Trade Association stated. Last year, the domestic oil prices declined from January owing to a fall in global oil prices. On 8 January 2020, oil prices were pegged at around K905 per litre for Octane 92, K995 for Octane 95, and K985 for diesel and premium diesel. Following the global market crashing, the domestic oil price plunged to more than 50 per cent in April against January’s prices. In late April 2020, the oil prices touched the lowest of K290-330 per litre for Octane 92, K430-455 for Octane 95, K435- 465 for diesel, and K445-475 for premium diesel, according to the domestic oil market. Ninety per cent of fuel oil in Myanmar is imported, while the remaining 10 per cent is produced locally.

Source: The Global New Light of Myanmar

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Ministry of Electricity and Energy

Request to Public

3rd Waxing of Kason 1383 ME

13 May 2021

  1. The Ministry of Electricity and Energy conducts power-generating services, supply and maintenance work daily to provide stable and reliable energy to the public. It keeps making efforts to offer the best services.
  2. In order to supply power to the public sufficiently, the electricity is generated from the state-owned power plants in addition to the privately-run power plants.
  3. The revenue from the electricity fees of people is used to generate stable and reliable electricity from the state owned power stations and purchase from the private power stations.
  4. Therefore, people should pay the power bills before the monthly fixed bill payment deadline. The payment can be made online or through mobile banking. According to the Electricity Law, there will be no power cuts for those who do not pay after the deadline.
    Ministry of Electricity and Energy

Source: The Global New Light of Myanmar

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Domestic fuel prices have risen from more than 990 kyats to nearly 1,100 kyats per liter, with the average price of petrol rising by more than 33 percent in three months

According to local petrol stations, the average price of petrol has risen by more than 33% in three months, from 990 kyats to nearly 1,100 kyats per liter depending on the type of petrol in the country. On February 3, the price of diesel was 660 kyats per liter. Premium diesel 600 kyats. Octane 92 Ron 620 kyats per liter; Octane 95 Ron is only 50 kyats per liter, according to figures released by the Myanmar Petroleum Importers and Distributors Association (MPTA). At present, on May 13, diesel costs 995 kyats per liter. Premium diesel 1015 kyats. Octane 92 Ron 995 kyats per liter. Octane 95 Ron per liter up to 1,080 kyats, according to local petrol stations.

In the first three months from the beginning of February until now, the price of diesel and premium diesel was over 330 kyats per liter. Octane 92Ron over 370 kyats per liter; Octane 95Ron rose to over 330 kyats per liter, respectively. According to the above prices, diesel prices rose more than 33% per liter during the three months. Octane 92Ron increased by more than 37% per liter and 95Ron octane by more than 30% per liter. Now people have to pay only 4,000 kyats for the four thousand kyats. They can go with six thousand. Now it costs about three liters to send it back. Not bad if you get your order back. The price cannot be increased. Passengers also have to wait in line to withdraw money, as money is now a problem. So it can’t be asked them to increase oil prices now as before. It is a problem for all drivers.

Myanmar imports around six million tonnes of kerosene a year, according to the Ministry of Commerce. In the first seven months of the current fiscal year, only 2.7 million tonnes of kerosene was imported worth $ 1.2 billion, down from more than one million tonnes in the same period last year, according to an official from the Ministry of Commerce. In the current fiscal year, imports of kerosene fell by 1,002 million tonnes, down $ 663.347 million from the same period last year. During that period, 1.66 million tonnes of diesel was imported, valued at $ 721.173 million. It is down more than 650,000 tonnes, down more than $ 430 million from the same period last year. More than one million tonnes of oil was imported, valued at $ 536.113 million. It was down more than 350,000 tonnes from the same period last year, valued at $ 227.18 billion.

Source: Daily Eleven

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Natural gas export tops US$1.2 bln in seven months (Oct-Apr)

Myanmar’s exports of natural gas in the seven months (Oct-Apr) of the current financial year2020-2021 amounted to US$1.238 billion, the Commerce Ministry’s data showed. The figures indicated a sharp drop of $880 million compared to the year-ago period. During the corresponding period of last FY, Myanmar’s natural gas export generated an income of $2.124 billion. Natural gas is included in the list of major export items of Myanmar. Over 10 per cent of the country’s total export earnings come from the sale of natural gas.

There are 53 onshore blocks and 51 offshore blocks, totalling 104 blocks. A total of 25 onshore blocks and 31 offshore blocks are operating under foreign investment. Natural gas extraction is being made at the Yadana, the Yedagun, the Shwe, and the Zaw Tika offshore blocks and onshore drilling blocks. According to the Ministry of Electricity and Energy, yearly extraction is elevated to cubic feet 670.36 billion from 600 billion last year. The Shwe natural gas field, located offshore from Rakhine State, was discovered in 2014. Natural gas extracted from the area is exported to China.

The Yadana natural gas project is being carried out by the TOTAL Company, with its pipeline supplying natural gas to Thailand. Natural gas is also extracted in Yedagun, located offshore from Taninthayi and discovered in 1992. The Zawtika Project in the Gulf of Moattama mainly supplies natural gas to neighbouring Thailand. Production at Yadana and Yedagun is declining, and those projects will be halted in the coming years. Myanmar’s exports of natural gas stood at $3.5 billion in the 2019-2020 FY, $3.9 billion in the 2018-2019 FY, $3.5 billion in the 2017-2018FY, $3.116 billion in the 2016-2017 FY, and $3.445 billion in the 2015-2016 FY, as per Commerce Ministry data.

Source: The Global New Light of Myanmar

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MIC greenlights 15 new investment proposals including US$2.5 billion power generation project

Myanmar Investment Commission (MIC) held its 3/2021 meeting yesterday morning at the Office of the State Administration Council Office at office No 18 in Nay Pyi Taw. Member of the State Administration Council Chairman of the Myanmar Investment Commission Lieutenant-General  Moe Myint Tun and members of the Myanmar Investment Commission participated in the meeting.

The meeting approved fifteen new projects for electricity generation, livestock, manufacturing and other services sectors, and it also approved the increase in capital of two existing projects. The approved projects amounted to US$ 2,783.822 million and K153.67 billion to create 2,473 job opportunities for the local labours. In today’s meeting, the project to generate electricity from LNG with a large capital intensive investment amount of US$2.5 billion is included in the approved projects.

The electricity generated by the power plant will be sold cent per cent at home, and it is expected to support the goal of 100% nationwide electrification from the national grid by 2030. By the end of April 2021, the countries with the largest investment out of 51 countries/regions investing in Myanmar were Singapore, China, and Thailand. The electric power sector leads the list of most invested sectors out of 12 business sectors with 26.57% of total investment. It was followed by the oil and gas sector, accounting for 25.72% and the manufacturing industry, accounting for 14.61%.

Source: The Global New Light of Myanmar