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Myanmar's Key Energy Statistics world rank
Total Primary Energy Production
2016
0.85
quadrillion Btu
56
Total Primary Energy Consumption
2016
0.522
quadrillion Btu
75
Exports of Dry Natural Gas
2017
497
billion cubic feet
16
Proved Reserves of Natural Gas
2018
23
trillion cubic feet
30
Hydroelectricity Net Generation
2017
12
billion kilowatthours
41
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Map of Myanmar
Map of Myanmar

Analysis - Energy Sector Highlights Last updated: August 2016

  • Burma (Myanmar) is an important natural gas producer in Southeast Asia, although its upstream hydrocarbons sector is severely underdeveloped. Financial constraints by Burma’s national oil company, a lack of technical capacity, opaque regulatory policy, insufficient investment by foreign firms, and international sanctions have significantly impeded the country’s efforts to realize its oil and natural gas production potential. These factors have also severely hampered the development of necessary energy infrastructure. However, U.S. and European Union sanctions were eased or suspended in 2012 and 2013 in response to political and economic reforms in Burma.
  • Following the suspension of sanctions, more international companies have initiated oil and natural gas exploration efforts in Burma. The Burmese government is keen to attract foreign investment and technical assistance and, starting in 2011, has issued production-sharing contracts through direct negotiations or recent licensing rounds.
  • Burma’s oil industry has been underdeveloped for decades. The country produces a minimal amount of crude oil and condensates from the onshore Salin basin and offshore Yetagun field. Total liquid fuels production has gradually fallen since the 1980s to around 16,000 b/d in 2015. As part of Burma’s most recent offshore bidding rounds in 2013, the country awarded 16 onshore and 20 offshore blocks to several foreign and domestic companies. International companies have started surveys and exploration activities at over half of these blocks. Additional offshore seismic campaigns are planned for 2016 and 2017, though the extent of exploration may depend on the future price environment for oil and natural gas. The Burmese government has decided to delay launching the next offshore bidding round until at least 2017 and focus upstream development of the 20 blocks awarded in 2013.
  • The country’s petroleum consumption is also small, estimated at more than 60,000 b/d in 2015, although recent economic development has driven up oil consumption, especially in the transportation sector, since 2012. Burma’s limited production and refining capacity are insufficient to meet rising domestic consumption for crude oil and petroleum products, making the country a net petroleum liquids importer.
  • Burma’s economy is beginning to expand following the lifting of sanctions and energy sector reforms. According to World Bank data, gross domestic product (GDP) growth in the country is projected to increase by around 8% by 2016-2017, one of the highest growth rates in Southeast Asia. More petroleum products will be required to meet growing transportation and industrial needs.

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Data