India keen in Myanmar’s midstream and downstream sectors -Governance Now

India keen in Myanmar’s midstream and downstream sectors

Indian companies Indian Oil Corporation, Numaligarh Refinery Limited and Hindustan Petroleum Corporation Ltd are exporting petroleum products, lubricants and paraffin wax to Myanmar

GN Bureau | October 15, 2018

#Myanmar #Indian Oil Corporation #Numaligarh Refinery Limited #Hindustan Petroleum Corporation

To discuss bilateral engagement issues in the hydrocarbon sector, minister of petroleum and natural gas and skill development and entrepreneurship Dharmendra Pradhan recently met union minister for Construction, Electricity and Energy of Myanmar, U Win Khaing.

In the upstream sector, the ministers discussed the current and future investments by Indian oil PSUs in Myanmar. Currently, ONGC Videsh Ltd (OVL) and GAIL have invested in gas producing blocks in Myanmar. OVL also has stakes in exploratory blocks in Myanmar. Indian companies Indian Oil Corporation, Numaligarh Refinery Limited and Hindustan Petroleum Corporation Ltd are exporting petroleum products, lubricants and paraffin wax to Myanmar. Indian PSU companies have invested over US $ 1 billion in the upstream and midstream sectors in Myanmar.

Pradhan said India is interested in participating in midstream and downstream sectors in Myanmar, including setting up a refinery, storage, distribution and marketing of petroleum products in Myanmar. He also extended proposals to assist Myanmar in training and capacity building in hydrocarbon sector.

Comments

Other News

BMC: 207 officials in ACB net, 112 still on duty, 68 retire before justice catches up

There are significant delays in the handling of corruption cases involving officials of the Brihanmumbai Municipal Corporation (BMC), a Right to Information (RTI) response obtained by rights activist Jeetendra Ghadge has revealed. As of 30 April 2026, 207 BMC officials face Anti-Corruption Bureau (A

The transformation trap: Why efficiency is not innovation

Every company is transforming, or so it claims. There was a time when the word ‘transformation’ carried weight. It signified bold strategic shifts, reinvention of business models, and breakthrough technologies that fundamentally changed how organizations created

The Sardar biography that throws light on our times

Patel: A Life By Rajmohan Gandhi Aleph Books, 568 pages, Rs 1,199 There are many biographi

Climate change, El Niño rewrite Indian monsoon

The month of July exceeded its rainfall target despite forecasts of a below-normal month under a strengthening El Niño. The reason could be that climate change is amplifying monsoon complexity: West Pacific warming, Western Disturbances and evolving ocean conditions increasingly interact with El Ni&

Mumbai has just 1.28 sq.m. of open space per person: Study

Mumbai`s public space crisis is as much about mismanagement as it is about scarcity, and offers a governance roadmap that can be implemented without new legislation, according to a new report by the Urban Design Research Institute (UDRI) and the NGO Alliance for Governance and Renewal (NAGAR).

Lok Sabha passes amendment bill to improve public examination system

The Lok Sabha on Wednesday passed the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026 by a voice vote after an extensive discussion. Replying to the debate, minister of state (independent charge) for science & technology; earth sciences and MoS in the PMO, Dr. Jite