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