The Russian State Atomic Energy Corp. (Rosatom) has signed agreements with the governments of Burkina Faso, Mali and Myanmar for nuclear energy cooperation, with plans for the building of nuclear power plants.
Energy officials from Russia and Myanmar met in Moscow to discuss Russian involvement in the construction of a gas pipeline to Yangon. The Russian energy ministry confirmed the meetings but did not disclose further details.
The junta’s new energy minister has asked Russia to provide technology embedded with artificial intelligence to extract oil from wells in Myanmar that do not have much left in them, as he continues scrambling for investment in what was one of Myanmar’s most attractive industries for foreign investment before the coup.
The continued shut down of Myanmar’s controversial rare earths mining sector has sent the price of the critical metal sky high. Led by a swarm of illegal miners, Myanmar has been one of the world’s largest producers of rare earths in recent years, with the majority of its output sent to neighbour China.
The Myanmar junta’s nuclear ambitions are once again in the spotlight after it begged China to help train its experts in the use of nuclear technology at a China-ASEAN (Association of Southeast Asian Nations) nuclear forum last week.
With this partnership, GEAPP will facilitate the development of 100 new solar projects across Myanmar, supplying a total of 57 MW of clean electricity. This initiative, which will unlock $60 million worth of solar investment, will also pave the way for the sustenance of 72,000 jobs in the agricultural value chain, improving the livelihoods of […]