Posts in category: ENERGY

Domestic petrol prices are rising by more than 1,120 kyats per liter, according to local petrol stations. On August 17, domestic prices of octane 95 Ron were 1,125 kyats per liter; Octane 92 Ron 1101 kyats per liter. 1050 kyats for a liter of diesel; The price of a liter of premium diesel is 1055 kyats, 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).

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, imports of 2.7 million tonnes of kerosene were valued at $ 1.2 billion, down more than one million tonnes from the same period last year, according to an official from the Ministry of Commerce. In the first seven months of the current fiscal year, imports of kerosene fell by 1.02 million tonnes, down $ 663.347 million from a year earlier.

During the period, 1.66 million tonnes of diesel was valued at $ 721.173 million. It was 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 $ 227.187 million. From November 6 to 19, 2019, the price of domestic kerosene fluctuated from 10 to 35 kyats per liter from the end of 2019 until now. From November 21 to 29, it rose from 25 kyats to 35 kyats per liter, and from November 29 to December 9, it dropped to 25 kyats per liter. 

From December 13 to January 9, 2020, it increased from 20 to 30 kyats per liter, and from January 8 to May 1, it dropped from 550 kyats to 605 kyats per liter. From May 6 to August 14, it rose from 155 kyats to 240 kyats per liter, fell from 15 kyats per liter between August 14 and 18, and rose again by 10 kyats per liter on August 27. From September 8 to 10, 20 kyats per liter; Between September 11 and November 4, it dropped from 10 to 30 kyats per liter, and from November 11 to 2021. 160 kyats per liter between January 31; From February 1 to February 24, the price rose by 130 kyats per liter.

Source: Daily Eleven

Myanmar’s exports of natural gas in the seven months (Oct-Apr) of the current financial year 2020-2021 exceeded US$1.32 billion, the Commerce Ministry’s data showed. The figures indicated a sharp drop of over $880 million compared to the year-ago period. Natural gas is included in the list of major export items of Myanmar. About six per cent of the country’s total export earnings come from the sales 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 under operation with the foreign investment. Natural gas extraction is being made at the Yadana, the Yedagun, the Shwe, and the Zawtika offshore blocks as well as onshore drilling blocks. Yearly extraction is elevated to cubic feet in 670.36 billion from 600 billion last year, according to the statement of the Ministry of Electricity and Energy. The Shwe natural gas field, located offshore from Rakhine State, was discovered in 2014. Natural gas extracted from the field 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 Mottama mainly supplies natural gas to neighboring 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 2017-2018 FY, $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

At present, hydropower accounts for 47% of hydropower; More than 52.4% of thermal energy; According to the Ministry of Power and Energy, 0.6% of solar energy is generated. The country’s electricity demand is growing at an annual rate of 15 percent. Union Minister for Power and Energy Aung Than Oo said that 2064.3 megawatts of thermal power plants and 26.77 megawatts of solar power plants would be generated. In the current power system, the proportion of power generation sources is 47% from hydropower, 0.6% from solar and RE and 52.4% from thermal energy (GAS + LNG + Coal). So far, it has achieved more than 60.6 percent of the electrification ratio, he said.

In the 2019-2020 fiscal year, 3,225 megawatts will be generated from hydropower, depending on the energy source. 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. In the 2015-2016 financial year, 3181 MW from hydropower and 1752 MW from natural gas. Coal generates 120 megawatts for a total of 5053 megawatts. 63% from hydropower; 35% from natural gas and 2% from coal. In the 2018-2019 fiscal year, 11,227.82 million kilowatt-hours of hydropower generation will be generated. 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 1.55 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 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.

Source: Daily Eleven

Myanmar imported more than US$1.3 billion worth petroleum products during the first half (Oct-Mar) of the current financial year 2020-2021, as per the Myanmar Customs Department. The figures indicated a sharp drop of over $660 million compared to the corresponding period of last year. In the current fiscal year, Myanmar imported over 1.6 million tonnes (worth over $750 million) of diesel and over 1 million tonnes (worthover $540 million) of petrol, as per data of the Commerce Ministry. Normally, a monthly oil import is estimated at $400 million, yet the oil importers are facing banking restrictions for maritime trade. Nevertheless, oil importers via land border can use informal payment Hundi system instead, said an importer. At present, the domestic fuel oil price has now risen above 30 per cent per litre in three months, as the heightened coronavirus restriction and possible lockdown in Asia sparked oil demand concerns, coupled with strong dollar exchange rate.

The fuel oil was pegged at around at 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 16 June, it rallied to the highest of K1005 for Octane 92, K1,090 for Octane 95, K1,005 for diesel 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. The soaring demand drives up the oil prices rally higher, with WTI climbing above $72.46 per barrel in mid-June. Additionally, foreign exchange rate also affects the petroleum price. Kyat is depreciating in the local forex market starting from April, with above K1,640 per dollar. In mid-February, a dollar was worth only K1,430. Normally, Myanmar imports fuel oil primarily from Singapore, with monthly volumes touching 200,000 tonnes for gasoline and 400,000 tonnes for diesel.

There are about 2,000 fuel stations and over 50 oil importer companies in Myanmar, Myanmar Petroleum Trade Association stated. In early June 2021, the Ministry of Electricity and Energy notified the private sector of keeping the oil storage above 35 per cent of the storage capacity of the tanks to avoid the possible discrepancy between demand and supply. Last year, the domestic oil prices declined to start 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 K290-330 per litre for Octane 92, K430-455 for Octane 95, K435-465 for diesel, and K445-475 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

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

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

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

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

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

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