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The junta’s new vitality minister, former Maj-Basic Ko Ko Lwin, and Russia-Myanmar Affiliation for Friendship and Cooperation president Anatoly Bulochnikov mentioned potential cooperation within the oil and gasoline sector throughout their assembly in Naypyitaw on Tuesday.
The 2 mentioned technical cooperation for inland and offshore petroleum and gasoline exploration, constructing oil and gasoline pipelines, and alternatives for Russian corporations to cooperate in petroleum refining and supplying gas in Myanmar, in keeping with junta media.
Ko Ko Lwin—who was a part of 71st consumption of Protection Providers Academy—beforehand served as deputy chief of the Directorate of Protection Industries earlier than he changed Myo Myint Oo as vitality minister final month.
He has no expertise within the vitality sector however is near junta boss Min Aung Hlaing, critics say.
Tuesday’s assembly was the primary between Ko Ko Lwin and Anatoly Bulochnikov for the reason that former was appointed vitality minister. Bulochnikov additionally met junta electrical energy minister Nyan Tun, and mentioned the potential for Russian corporations to spend money on electrical energy manufacturing in Myanmar.
When junta boss Min Aung Hlaing met Russian President Vladimir Putin for the primary time final yr, he invited Russia to spend money on the nation’s vitality sector.
The invitation was adopted by frequent visits to Russia by former junta vitality minister Myo Myint Oo. Russian enterprise delegations additionally visited Myanmar to debate cooperation within the vitality sector. Russia has since proven curiosity in exploring for oil in Myanmar, and investing in petroleum refining and manufacturing, in addition to distributing petroleum merchandise.
Junta overseas minister Than Swe additionally mentioned the potential for cooperation with Russia within the vitality sector throughout his assembly together with his Russian counterpart Sergey Lavrov in Moscow on September 14.
Vitality is the important thing business in Myanmar, receiving the biggest share of overseas funding. Myanma Oil and Fuel Enterprise offers the regime with its major income by promoting oil and gasoline overseas.
Russia has been transporting its petroleum to China via pipelines in Myanmar since February, in keeping with Britain-based Vitality Intelligence.
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