Cooperation for Energy : Meeting with Thailand and Russian officials

Union Minister for Electricity and Energy U Ko Ko Lwin, who is currently in Thailand to undertake energy-related activities, met with Thai Minister of Energy Mr. Akanat Promphan and Russian Minister of Economic Development Mr. Maxim Reshetnikov on Saturday on separate occasions.

During the meetings, they discussed the potential for the Dawei Special Economic Zone project in Myanmar to become a strategic hub for trade and commerce with regional countries. As the project is expected to bring benefits to all three countries, efforts are being made to accelerate its implementation, and investment opportunities are being invited.

They also discussed efforts by Myanmar and Thailand to address their growing energy demands through bilateral cooperation, the increasing importance of liquefied natural gas (LNG) as a cleaner and more compact energy source during the global energy transition, and the possibility of transporting LNG from Russia to Myanmar and sharing it with Thailand to help address the energy needs of both Myanmar and Thailand.

The meetings also covered the possibility of constructing an LNG terminal in the Dawei area by utilizing the existing infrastructure, including natural gas pipelines connecting the Dawei area with other parts of Myanmar and Thailand.

They also discussed the fact that Myanmar and Russia have already signed an MoU on the export of petroleum products, including LNG, to Myanmar, while Myanmar and Thailand are expected to sign an MoU on cooperation in the electric power and energy sectors in the near future.