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Submitted by moiuser on 16 October 2022

UNION Minister for Electric Power U Thaung Han, Union Minister for Energy U Myo Myint Oo, currently in Moscow, the Rus­sia Federation for the opening ceremony of the Russian Energy Week International Forum, along with Myanmar Ambassador to Russia U Lwin Oo, met the del­egation led by Chairman of the Management Board Mr Leonid Mikhelson from Novatek com­pany and extended the invitation for investment in oil and gas ex­ploration and production on the morning of 13 October.

In the afternoon, the Myan­mar delegation discussed with Mr Nikolay G. Shulginov, Minister of Energy of the Russian Feder­ation, and party on the follow-up implementation matters deliber­ated by the heads of state from both countries on the previous visits, the importation of fuel oils to Myanmar, construction of oil refinery and investment in the energy sector.

Afterwards, Deputy Direc­tor-General Mr Machekhin from RusHydro company clarified the power generation activities in Russia and other countries, hydropower engineering and ge­ological engineering at the meet­ing with the Myanmar delegation.

Next, MoEP Union Minister U Thaung Han offered to collab­orate on technical issues related to hydropower since Myanmar have ample resources for hydro­electric generation.

In the evening, Union Minis­ter for Energy U Myo Myint Oo discussed investment matters and potentialities in the energy sector of Myanmar with the del­egation led by Mr Rodionov, Dep­uty Director-General for Foreign Economic Relations from LLC Sigma company and President Mr Alexander Ilin from Prometey company.

The delegation led by Union Energy Minister U Myo Myint Oo also received Chief Executive Officer Mr Mikhail Potapov under the joint stock company – Foreign Economic Corporation Prodin­torg and discussed matters in connexion with the importation of fertilizers from Russia.

Union Minister for Electric Power U Thaung Han, Union Minister for Energy U Myo Myint Oo and Myanmar Ambassador to Russia U Lwin Oo met Gener­al Director Mr Alexey Yakovlev from Inter RAO-Export company, which is a major power genera­tion company in Russia. As a ges­ture of goodwill relations between the two countries, the Myanmar delegation signed the Notice to Proceed (NTP) with PTG Energy company for the development of the Middle Paunglaung hydro­power project.

MNA