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Home  >>   Daily News  >>Myanmar>>Energy>>Myanmar approves oil refinery project
NEWS UPDATES Asean Affairs    26 April  2016  







Myanmar approves oil refinery project

Myanmar has approved a $2.6-billion investment by Longwin Global Petrochemical Co Ltd, a joint venture company, to set up a five million MT oil refinery along with related logistics facilities in Tanintharyi region, located in the southern part of the country, website dealsteetasia reported on 24 April.

The project includes construction of the refinery, sales and production of petroleum products and storage and logistics facilities like storage farms and jetty. China’s Guangdong Zehenrong Energy Co Ltd (GDZR), Union of Myanmar Economic Holdings Ltd (UMEHL) and an energy company under the Htoo Group of Companies form part of the consortium, according to a source familiar with the development.

The project will be located on a 733-acre patch UMEHL’s palm oil plot in Dawei district, Tanintharyi region, the report said.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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