Thailand, Myanmar sign MoU on energy cooperation
Thailand and Myanmar have signed a memorandum of understanding on future energy cooperation, specifically in the petroleum and electricity sectors, the Thai Energy Ministry said.
Energy Minister Narongchai Akrasanee, his Myanmar counterpart Zay Yar Aung, and Myanmar Electric Power Minister Khin Maung Soe jointly signed the MoU on Monday.
Narongchai was in Myanmar for the signing.
The MoU includes the establishment of two joint committees, one each for petroleum and electricity, to facilitate downstream petroleum trade opportunities, and cooperation in the areas of technical matters, technology, human resources, education, and exploration and drilling for oil and natural gas.
The agreement on electricity covers power generation, transmission networks and distribution via power purchase agreements, including investment by Thai electricity operators.
The joint committees will be chaired by the permanent secretaries of the Thai and Myanmar Energy Ministries.
