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

India’s freedom struggle was shaped by wider Asian political thought

As we mark 80th anniversary of independence, ‘Asianism and the Fall of Empire’ (HarperCollins India) by historian Mithi Mukherjee offers a new perspective on Ind

What is colonialism? A relook at modern history

The Chromatic World Order: The Fiction That Rules Our World  By Sajid Mohamed Aakar Books  

Monsoon session of parliament adjourns sine die

The Monsoon Session, 2026 of Parliament which commenced on July 20 was adjourned sine die on Thursday. The session provided 19 sittings spread over a period of 25 days.   During the session 11 Bills were introduced in Lok Sabha and 2 Bills were introduced in Rajya Sabha. 12 B

Consumer Justice at a Crossroads

Over the past four decades, India`s consumer protection landscape has undergone a remarkable transformation. What began with the Consumer Protection Act, 1986 as a simple mechanism to empower ordinary citizens has evolved into a comprehensive framework capable of addressing challenges ranging from mislea

Doctors, experts call for ban on junk food ads, mandate warning labels

More than 30 doctors, medical scientists and public health professionals have urged the government to take decisive action against the aggressive advertising and marketing of junk food, calling for a watershed ban on advertisements for foods high in fat, sugar and salt (HFSS) and ultra-processed foods (UPF

Asiatic Lion population rises from 523 in 2015 to 891 in 2025

On World Lion Day 2026, environment, forest and climate change Minister  Bhupender Yadav celebrated India’s remarkable journey in lion conservation and reaffirmed the country’s unwavering commitment to protecting wildlife and biodiversity.   In a post on soc

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter