Opportunities for British companies in Burma’s oil and gas sector
Report to help UK businesses identify opportunities in Burma including information on the legal framework and developments in the energy sector.
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Burma is one of world’s hotspots for oil and gas exploration with estimated gas reserves of 10 trillion cubic feet and oil reserves of 50 million barrels.
This 16-page report aims to help British businesses identify opportunities in Burma’s oil and gas sector by describing recent developments, the legal framework and responsible business practices. The report includes:
- an overview of Burma’s gas and oil sector
- an overview of Burma’s Ministry of Energy organisation
- recent licence awards
- how offshore Production Sharing Contracts (PSCs) work in Burma
- opportunities