Myanmar: Local Company Submits Proposal for Yangon- Mandalay Oil Pipeline

Myanmar: Local Company Submits Proposal for Yangon- Mandalay Oil Pipeline

Myanmar Energy Sector Devel-opment Public Company Limited (MES-DPCL) has
submitted a $300 million pipeline proposal to the Ministries of Planning &
Finance and Electric Power & En-ergy, said Dr. Win Myint a member of the
board of directors.

The plan outlines the construction of two pipe-lines, each 14 inches in
diameter, running 650 kilometers from Hlegu township in Yangon Re-gion to
Mandalay Termi-nal in Mandalay Region.

The pipeline project will reduce oil transportation charges by as much as
$12 million annually and de-liver fuel to sub-stations in Bago, Phyu,
Taungngu, Naypyidaw, and Meiktila along the way.

The sub-stations will significantly improve My-anmar's rural energy
pen-etration. The Bago sub-station reaching Mon and Karen states, the
Meik-tila sub-station reach-ing south and east Shan state and Kayah state
and the Mandalay station ac-cessing northern Shan state, Sagaing region, and
Kachin state.

"The government ap-proval process makes the timeline for this project
uncertain. While the pipe-line would considerably reduce costs and improve
transport, allocating pub-lic or private land is al-ways an issue of
concern," Dr. Win Myint noted.

Once launched, the pro-ject will sell shares publi-cally and employ foreign
engineers to provide the technical expertise.

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Link to Original Article:
https://www.mmbiztoday.com/articles/local-company-submits-proposal-yangon-ma
ndalay-oil-pipeline

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com