crude oil refinery plant oil refinery production in Myanmar

Strategic Oil Stockpiling in Myanmar ERIA

  • crude oil refinery plant oil refinery production in Myanmar
  • crude oil refinery plant oil refinery production in Myanmar
  • crude oil refinery plant oil refinery production in Myanmar
  • crude oil refinery plant oil refinery production in Myanmar

Strategic Oil Stockpiling in Myanmar ERIA

Myanmar Crude Oil Production TRADING

Future Outlook for Myanma Petrochemical Enterprise

Progress Report on Oil Refineries Earlier Audited

  • How much crude oil is produced in Myanmar?
  • Crude Oil Production in Myanmar averaged 14.41 BBL/D/1K from 1993 until 2022, reaching an all time high of 23.00 BBL/D/1K in January of 2006 and a record low of 7.00 BBL/D/1K in February of 2022. source: U.S. Energy Information Administration
  • What is the supply and demand of petroleum products in Myanmar?
  • Table 2.1 shows supply and demand of Myanmar petroleum products in 2019, with total consumption of petroleum products in 2019 is 5.937 Mtoe, and mostly covered by product import. Of the 5.860 Mtoe imported, diesel oil accounted for 3.887 Mtoe (66.3%) and gasoline for 1.781 Mtoe (30.4%), and these two products accounted for 97% of the total.
  • Will Myanmar face a petroleum shortage?
  • Thus, since 96% of petroleum products, such as gasoline and diesel oil, are mainly from Singapore, Myanmar could face a petroleum shortage. This shortage is due to an oil supply disruption, such as accidents in oil facilities, natural disasters, and geopolitical conflicts like the Russian invasion of Ukraine.
  • What is the current situation of oil market in Myanmar?
  • 1. Current Situation of Oil Market in Myanmar 1.1. Oil Supply and Demand Table 2.1 shows supply and demand of Myanmar petroleum products in 2019, with total consumption of petroleum products in 2019 is 5.937 Mtoe, and mostly covered by product import.

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