2. Myanmar Now & Ahead
Political Reforms
•Internal Peace
Agreements
•Sanction Eased
•Europe , Japan write off /
bridge loan
•World Bank, ADB to
provide development loan
Economic Reforms
•Still struggling with short
term problems
•New Foreign Investment
Law
•New Myanmar
Investment Law
•Government
Procurement Law
•Banking Law
•Securities Act
•NEMC /EDC
Challenges
•Sound Economics Policy
to promote sustainable &
long term development of
Myanmar
•Basics Infrastructure &
Energy Requirements
during transition
•2014 ASEAN
Chairmanship
•2015 ASEAN Economic
Community (Capabilities &
Readiness )
2
9. LNG Option ?
Long term commitment at higher price??
Income from Export ~ 7.5 US$ / mmbtu at wellhead
9
10. Conclusion
• Subsidy for Gas ???
• Study period(6) months for Onshore ?
• Aggressive Opening bidding paid off?
• Dilemma on New found gas Vs. LNG long
term commitment
• Royalty in-kind to in cash?
• Improve Efficiency in Gas consumption
• Opportunities in Gas Downstream
• Alternative Fuel?
10
11. Thank you for your attention
11
• OMASSMANN@DUANEMORRIS.COM;