Central & SE Asia / Australasia

Myanmar flag
Summary | Profile

Country profile: Myanmar

Location: Southeastern Asia, bordering the Andaman Sea and the Bay of Bengal, between Bangladesh and Thailand
Climate: tropical monsoon; cloudy, rainy, hot, humid summers (southwest monsoon, June to September); less cloudy, scant rainfall, mild temperatures, lower humidity during winter (northeast monsoon, December to April)
Terrain: central lowlands ringed by steep, rugged highlands
Size: 678500 sq. km total (Land area: 657740 sq. km  Water area: 20760 sq.km)
Population: 47,758,181
Languages: Burmese, minority ethnic groups have their own languages
Government: military junta
Capital city: Rangoon (Yangon)
Legal system: based on English common law; has not accepted compulsory ICJ jurisdiction
Currency: kyat (MMK)

Country profile

Britain conquered Burma over a period of 62 years (1824-1886) and incorporated it into its Indian Empire. Burma was administered as a province of India until 1937 when it became a separate, self-governing colony; independence from the Commonwealth was attained in 1948. Gen. NE WIN dominated the government from 1962 to 1988, first as military ruler, then as self-appointed president, and later as political kingpin. Despite multiparty legislative elections in 1990 that resulted in the main opposition party - the National League for Democracy (NLD) - winning a landslide victory, the ruling junta refused to hand over power. NLD leader and Nobel Peace Prize recipient AUNG SAN SUU KYI, who was under house arrest from 1989 to 1995 and 2000 to 2002, was imprisoned in May 2003 and subsequently transferred to house arrest.

After Burma's ruling junta in August 2007 unexpectedly increased fuel prices, tens of thousands of Burmese marched in protest, led by prodemocracy activists and Buddhist monks. In late September 2007, the government brutally suppressed the protests, killing at least 13 people and arresting thousands for participating in the demonstrations. Since then, the regime has continued to raid homes and monasteries and arrest persons suspected of participating in the pro-democracy protests. The junta appointed Labor Minister AUNG KYI in October 2007 as liaison to AUNG SAN SUU KYI, who remains under house arrest and virtually incommunicado with her party and supporters.

Energy production and consumption

Oil Gas
Production: 7,700 bbl/day (2006 est.) 12 billion cu m (2005)
Consumption: 20,460 bbl/day (2006 est.) 3 billion cu m (2005)
Exports: 5,000 bbl/day (2006 est.) 8 billion cu m (2005)
Imports: 19,180 bbl/day (2006 est.)  
Reserves: 1 billion bbl/day (2006 est.) 271 billion cu m (1 January 2006 est.)
Major fields:

Myanmar - recent news

21 Jul 22
Myanmar: TotalEnergies has definitively withdrawn from Myanmar
On January 21, 2022, TotalEnergies announced its decision to withdraw from the Yadana field and from gas transportation company MGTC in Myanmar, in a context of continuing deterioration of the human rights situation in Myanmar. In accordance with the contractual 6-month notice period, this withdrawal becomes effective on 20 July 2022.
01 May 22
Myanmar: PTTEP and PETRONAS to withdraw from Yetagun field offshore Myanmar
PTTEP and PETRONAS have both announced their decision to withdraw from the Yetagun project (Blocks M12, M13 and M14) in Myanmar.
16 Mar 22
Myanmar: TotalEnergies implements its responsible withdrawal from Myanmar
TotalEnergies has implemented its previously announced decision to withdraw from the Yadana field and from gas transportation company MGTC in Myanmar, both as operator and as shareholder, because the situation in the country no longer allowed TotalEnergies to make a sufficiently positive contribution.
14 Mar 22
Myanmar: PTTEP becomes operator of Yadana gas field
Following TotalEnergies announcement to withdraw from the Yadana gas field in Myanmar, Thailand's PTTEP has become the new operator of the field.
27 Jan 22
Myanmar: Woodside to withdraw from Myanmar
Woodside has decided to withdraw from its interests in Myanmar. Woodside had previously announced that it was placing all Myanmar business decisions under review following the State of Emergency declared in February 2021 and the deteriorating human rights situation in the country.

Myanmar - more news

Other countries in this region

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current Deals

Current Upstream Deals: 234

Completed Deals

Completed Upstream Deals: 6571

Company Profiles

Current Company Profiles: 2912

Corporate Activity

Current Corporate Activity articles: 4149

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1658


Current Geostudies articles: 968

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

Union Jack Oil 149
Telos NRG
Rose & Assocs
Government of South Australia
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675

Email: info@energy-pedia.com