A Scottish economic development agency will lead a trade mission to explore investment opportunities for oil and gas companies in Myanmar, Asia’s “final frontier”.
Myanmar, also known as Burma, has vast underdeveloped oil and gas reserves and its government, which is guiding the transition to democracy after decades of military rule, is keen to develop the nation’s indigenous energy sector.
Scottish Enterprise plans to use the trip to find out how Scotland’s wider supply chain can fill the gaps in Myanmar’s oil and gas supply chain.
Energy firms in the UK have been looking to branch into different producing regions to make up for a downturn in North Sea activity amid the oil price rout. (Courtesy of energyvoice.com)
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