A Look into Myanmar's Services Sector: Oil & Gas

As Myanmar’s economy continues to grow, foreign investors will always have ample opportunity to establish their business presence. In this blog series, we look into Myanmar’s individual services sector, highlighting their specific challenges, opportunities and its general outlook in the long term.
 
Sectors we have covered:
Hotel and Tourism Part I – Tourism: an Economic Generator & Infrastructure Constraints
Hotel and Tourism Part II – Challenges, Government Support & Outlook
Banking & Finance – The Economic Driver, Challenges, Opportunities & Forecast
Telecommunications – More than Just Talk-time, Challenges, Opportunities & Outlook
Transportation – Better Transport to Boost Economic Growth, Challenges, Opportunities & Outlook
Retail – Myanmar’s Economy Fueling the Retail Boom, Challenges, Opportunities & Outlook
Education – Educating Myanmar’s Future, Challenges, Opportunities & Outlook
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A Look into Myanmar’s Services Sector: Oil & Gas
​Myanmar is one of the world’s oldest oil producers. The country exported its first barrel of crude in 1854. Despite this, its upstream sector is still not mature. This is due to a number of factors; sanctions, government policy and insufficient investments have all hindered Myanmar’s efforts to realize its Oil & Gas (O&G) potential. 

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