Description:
"A new cooperation deal between the Myanmar government and private energy company, MPRL E&P, will bring good news for Thailand's power generation sector, Myanmar's Ministry of Electricity and Energy said in a statement on Monday.
The statement was issued after MPRL E&P, a Myanmar-based independent energy company, successfully concluded negotiations with Yangon on two key agreements on fiscal terms and the sharing of output from the A-6 offshore gas bloc in Myanmar.
MPRL E&P is the only independent energy exploration company in Myanmar which actively explores both onshore and offshore wells in the country.
In the statement, MPRL E&P said the talks resulted in a number of improvements in negotiating terms, which will be crucial to the economic viability of the gas exploration project, which is located in deep waters off the Myanmar coast..."
Source/publisher:
"Bangkok Post" (Thailand)
Date of Publication:
2019-12-17
Date of entry:
2020-01-14
Grouping:
- Individual Documents
Category:
Countries:
Myanmar, Thailand
Language:
English
Resource Type:
text
Text quality:
- Good