Myanmar’s natural gas income in jeopardy as foreign firms exit
The Myanmar government is facing a potential crisis of dwindling revenue, as overseas energy companies pull out of natural gas operations in the country one after another, squeezing the ruling military’s primary source of foreign income.
Myanmar Junta Waives Tax on Electricity Investment to Keep Lights On
In a bid to attract foreign funds for the country’s electricity sector, which has been crippled since the coup, the junta has waived tax on investment in the sector.
Yangon and rest of country facing more power cuts
Yangon and rest of country facing more power cuts
According to a statement from the Ministry of Electricity and Energy, it will not be able to meet Yangon’s electricity demands this summer and it is having to ration electricity.
Myanmar Regime and Russia Sign Nuclear Power Plant Memorandum
Myanmar Regime and Russia Sign Nuclear Power Plant Memorandum
Myanmar’s junta signed a Memorandum of Understanding (MOU) on Tuesday with Rosatom, Russia’s state-run nuclear corporation, according to a Rosatom press release.
Russia Agrees to Establish Yangon Flights and Nuclear Energy Hub in Myanmar
Russia Agrees to Establish Yangon Flights and Nuclear Energy Hub in Myanmar
Myanmar’s junta and Russia have agreed to open direct flights to Yangon and to establish a nuclear technology hub in the city, according to the regime-controlled media.
