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OPPORTUNITIES IN MYANMAR ENERGY RESOURCES DEVELOPMENT PROGRAMS

OPPORTUNITIES IN MYANMAR ENERGY RESOURCES DEVELOPMENT PROGRAMS. SOE MYINT PRESIDENT MYANMAR GEOSCIENCES SOCIETY (US-MYANMAR ECONOMIC RELATIONS:THE PATH FORWARD) 25 FEBRUARY, 2013. “WHY INVESTING IN MYANMAR MATTERS” 8 Oct. 2012 - Stephen Groff, Vice President, Asia Development Bank.

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OPPORTUNITIES IN MYANMAR ENERGY RESOURCES DEVELOPMENT PROGRAMS

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  1. OPPORTUNITIES IN MYANMAR ENERGY RESOURCES DEVELOPMENT PROGRAMS SOE MYINT PRESIDENT MYANMAR GEOSCIENCES SOCIETY (US-MYANMAR ECONOMIC RELATIONS:THE PATH FORWARD) 25 FEBRUARY, 2013

  2. “WHY INVESTING IN MYANMAR MATTERS” 8 Oct. 2012 - Stephen Groff, Vice President, Asia Development Bank • LAYING AT THE HEART OF ASIA, NESTLED BETWEEN INDIA, THE PEOPLE’S REPUBLIC OF CHINA AND SOUTHEAST ASIA, ITS DEVELOPMENT IS STRATEGICALLY IMPORTANT- BOTH POLITICALLY AND ECONOMICALLY- NOT JUST FOR THE REGION, BUT ALSO FOR THE WORLD.

  3. OIL & GAS SECTOR • STATE-OWNED - MYANMAR OIL AND GAS ENTERPRISE (MOGE) • OPERATING FOREIGN OIL COMPANIES -TOTAL E & P MYANMAR - CHEVRON TEXACO - CNPC - SINOPEC - CNOOC - PETRONAS CARIGALI - PTT E & P INTERNATIONAL - DAEWOO E & P INTERNATIONAL - NIPPON OIL - ONGC VIDESH - GAIL - KOGAS

  4. OIL AND GAS RESOURCES

  5. OIL & GAS OCCURRENCES • ONSHORE OIL PRODUCTION - 3 MAJOR OIL FIELDS - A FEW OTHER LESSER OIL FIELDS

  6. ONSHORE CRUDE OIL PRODUCTION & FORECAST (NO NEW DISCOVERY)

  7. ONSHORE NATURAL GAS PRODUCTION & FORECAST (NO NEW DISCOVERY)

  8. OIL & GAS OCCURRENCES • PRODUCING GAS FIELDS, OFFSHORE YADANA GAS FIELD: YETAGUN GAS FIELD: SHWE GAS FIELD: ZAWTIKA GAS FIELD: • NEW GAS DISCOVERIES: AUNGTHEINKHA DISCOVERY IN BLOCK M-3 PYITHAR DISCOVERY IN BLOCK A-6

  9. CURRENT E & P OPPORTUNITIES • 18 ONSHORE BLOCKS FOR PETROLEUM E & P ON PRODUCTION SHARING BASIS AND IPR BASIS • 31 OFFSHORE BLOCKS FOR PETROLEUM E & P ON PRODUCTION SHARING BASIS

  10. MAP SHOWING PETROLEUM E & P BLOCKS IN MYANMAR

  11. DOING PETROLEUM E & P BUSINESS IN MYANMAR • CONTRACTS ARE ON PSC BASIS MODELLED AFTER INDONESIAN & MALAYSIAN PSCs. • MYANMAR OIL AND GAS ENTERPRISE (MOGE) MAY HAVE SIGNED MORE THAN 100 PSC CONTRACTS IN THE PAST SEVERAL YEARS WITH OIL COMPANIES FROM ALL OVER THE WORLD.

  12. DOING PETROLEUM E & P BUSINESS IN MYANMAR • CONTRACTS ARE GOOD, PEOPLE ARE GOOD AND WORKING ATMOSPHERE IS GOOD. • THERE IS IN PLACE A NEW FOREIGN INVESTMENT LAW (FIL) WHICH IS INVESTOR FRIENDLY. • MYANMAR IS SOON TO BECOME A MEMBER OF THE INTERNATIONAL EXTRACTIVE INDUSTRY TRANSPARENCY INITIATIVE (EITI).

  13. FOR FURTHER ENQUIRIES: U PE ZIN TUN DIRECTOR GENERAL ENERGY PLANNING DEPARTMENT MINISTRY OF ENERGY OFFICE BUILDING: NO. (6), NAY PYI TAW, MYANMAR TEL. : 95-67-411099/411157 FAX : 95-67-411113 EMAIL : myanmoe@mpt.mail.net.mm

  14. ELECTRICITY SECTOR • MYANMAR ELECTRIC POWER ENTERPRISE ( MEPE ) - STATE OWNED • IPPs • PPPs • JVs ARE IN THE OFFING.

  15. CURRENT FACILITIES IN MYANMAR’S ELECTRICITY SECTOR • HYDROELECTRICITY 2660.34 MW (INSTALLED) • COAL 120.00 MW • NATURAL GAS 549.90 MW • STEAM 165.00 MW • DIESEL 63.02 MW • BIOMASS 3.72 MW -------------------------------------------------------------- TOTAL INSTALLED 3561.98 MW

  16. CURRENT OPPORTUNITIES IN ELECTRICITY SECTOR • MYANMAR NEEDS TO IMPROVE ELECTRICITY SUPPLY SITUATION FROM CURRENT INSTALLED CAPACITY OF 3.5 GW TO FIVE TIMES OF THE PRESENT CAPACITY TO ACHIEVE 75% ELECTRIFICATION RATE FROM CURRENT 26%. - PRESIDENT U THEIN SEIN (JUNE, 2012) • MINISTRY OF ELECTRIC POWER IS PLANNING TO ADD INSTALLED CAPACITY BY 10,000 MW IN NEXT TEN YEAR BY 2023. • ADDITIONAL CAPACITY WOULD INCLUDE 40% OF HYDROELECTRICITY, 30% EACH OF NATURAL GAS AND WIND ENERGY.

  17. MYANMAR AND THAILAND IN ENERGY SECTOR(2012) MYANMAR THAILAND ELECTRIFICATION RATE 26% 99.4% PER CAPITA CONSUMPTION 104 KWh 2045 KWh INSTALLED CAPACITY 3.5 GW 32 GW POPULATION 60 MILLION 67 MILLION MOTOR CAR POPULATION 30 MILLION ~1.0 MILLION BOE CONSUMPTION PER DAY 0.06 MILLION 1.6 MILLION PER CAPITA OIL CONSUMPTION 15.33 GALLONS 366.1 GAL.

  18. MYANMAR’S HYDROPOWER POTENTIAL & OPPORTUNITIES • ACCORDING TO A 1995 WORLD BANK’S STUDY, MYANMAR HAS A POTENTIAL OF 108,000 MW INSTALLED HYDROPOWER CAPACITY. • MYANMAR ELECTRIC POWER ENTERPRISE (MEPE) HAVE COMPLETED RELEVANT INVESTIGATIONS IN SOME 92 SITES WITH A TOTAL INSTALLED CAPACITY OF 46,000 MW. • MEPE HAVE EXPLOITED ONLY 2,660 MW OF THE INVESTIGATED HYDROPOWER.

  19. MYANMAR’S HYDROPOWER POTENTIAL AND OPPORTUNITIES

  20. MYANMAR NEEDS TO IMPROVE ITS OWN ENERGY INFRASTRUCURE TO MEET THE ENERGY REQUIREMENT OF ITS ECONOMIC DEVELOPMENT PROGRAMS. • MYANMAR NEEDS TO DEVELOP AND EXPLOIT ITS NATURAL RESOURCES TO BUILD UP STRONG ECONOMIC BASE FOR THE COUNTRY. • MYANMAR IS THE LAST FRONTIER IN THE REGION FOR ITS NATURAL RESOURCES ENDOWMENT TO BECOME A POTENTIAL ENERGY SUPPLIER COUNTRY IN THE REGION.

  21. FOR FURTHER ENQUIRIES: U KHIN MAUNG ZAW DIRECTOR GENERAL DEPARTMENT OF ELECTRIC POWER MINISTRY OF ELECTRIC POWER OFFICE BUILDING : NO. (27), NAY PYI TAW, MYANMAR TEL. : 95-67-410203 FAX : 95-67-410219 EMAIL : moepdg@mepe.gov.mm

  22. MINERAL SECTOR MYANMAR IS PROMOTING OPTIMAL UTILIZATION OF HER VALUABLE MINERAL RESOURCES FOR ITS PRODUCTION OF REFINED PRODUCTS,THROUGH THE CONTRIBUTION OF FOREIGN INVESTMENT WITH ADVANCED TECHNOLOGIES.

  23. OPPORTUNITIES IN MINERAL SECTOR • MYANMAR IS RICH IN - METALLIC ORE MINERAL RESOURCES, - INDUSTRIAL MINERAL & NON-METALLIC RAW MATERIAL RESOURCES , - PRECIOUS & SEMI-PRECIOUS GEMSTONES AND - FUEL MINERAL RESOURCES.

  24. NOTABLE MINING PROJECTS: • MONYWA COPPER MINE - NORINCO OF CHINA SIGNED AN AGREEMENT TO RESUME DEVELOPMENT OF THE MONYWA COPPER MINE IN JUNE 2010. - COST OF EXPANSION PROJECT ESTIMATED TO BE US $ 1 BILLION. • TAGAUNGTAUNG NICKEL PROJECT -TISCO OF CHINA AND CNMC OF CHINA SIGNED AN AGREEMENT IN JULY 2010, WITH MINISTRY OF MINES OF MYANMAR TO JOINTLY DEVELOP THE PROJECT. THE PROJECT IS TO OPERATE FOR 20 YEARS STARTING LATE 2011, AT AN ESTIMATED COST OF US$800 MILLION.

  25. OPPORTUNITIES IN MINERAL SECTOR • MYANMAR IS INVITING - 100% FDI AND - JOINT VENTURE WITH LOCAL MINING COMPANIES ON PRODUCTION SHARING BASIS.

  26. FOR FURTHER ENQUIRIES: U WIN HTEIN DIRECTOR GENERAL DEPARTMENT OF MINES MINISTRY OF MINES OFFICE BUILDING : NO.(19), NAY PYI TAW, MYANMAR TEL. : 95-67-409017 FAX : 95-67-409376 EMAIL : deptmine@gmail.com

  27. THANK YOU VERY MUCH FOR YOUR ATTENTION!! FOR FURTHER ENQUIRIES: EMAIL: soemyint108@gmail.com

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