2nd MOGP Summit (Myanmar Oil, Gas & Power) will convene in Yangon from 3 - 6 September 2012, with workshops focusing on joint ventures, project financing and geological outlook of Myanmar's hydrocarbons.
 The Myanmar Oil, Gas & Power sector is the last frontier market in South East Asia and the Myanmar government aims to accelerate growth by encouraging foreign direct investment. Organized by CMT with Myanmar's Ministry of Energy as Official host, the 2nd MOGP Summit is the platform for key officials, global and local energy/power companies and investors to receive first-hand information on latest regulatory reforms, oil and gas fiscal regime (e.g. Production Sharing Contract) and tax structure updates.
Myanmar President U Thein Sein announced in June that the country will embark on a "second wave of reforms" in the Myanmar's Energy Sector to encourage and increase participation from the private sector and foreign investment.
At 2nd MOGP Summit, Official speakers' panel will present investment opportunities as the second round of bidding invitation commence for the upstream oil, gas as well as electric power sector. Participants can also find out how they can participate in this growth and development from leading oil and gas operators in Myanmar. The first MOGP Summit (March 2012) was successfully organized and attended by over 150 companies from more than 30 countries.
Currently, Myanmar is inviting prospective IPPs and PPPs for the electric power sector and discussions are already going on. Official speakers from Ministry of Electric Power (1) and (2) will lay out their requirement to new power plants increase the power supply capacity, fuel mix and requirement, and their role to facilitate foreign investment.
In the oil and gas sector, details on the Second Round of bidding invitation will be discussed at this 2nd MOGP Summit, by the officials from Ministry of Energy, that includes bids for deep and shallow-water blocks and onshore blocks. Particularly after the inaugural summit in March, the energy ministry has already been receiving enquiries from energy majors, NOCs, IOCs on the imminent prospects of acquiring E & P blocks and opportunity of implementing energy infrastructure development projects. 2nd MOGP Summit will also highlight Exploration and Production (E&P) project developments from leading oil & gas operators in Myanmar, current oil & gas infrastructure and future plan and gas market/pipeline opportunities.
This summit will host full attendance from key officials from Ministry of Energy, Myanmar Oil and Gas Enterprise (MOGE), Ministry of Electric Power (1) and (2), Myanmar Investment Commission (MIC), Directorate of Investment & Company Administration (DICA) as well as representatives from local oil, gas and power companies. 2nd MOGP Summit aims to bridge the connection between potential foreign investors and local companies, to tap into the potential in the booming oil, gas and power sector in Myanmar.
2nd MOGP Summit will be held at the Sedona Hotel Yangon, Myanmar. For registrations and enquiries, please contact Foo Huiyan at huiyan@cmtsp.com.sg or +65 6346 9113. You will network with
CEOs, Presidents, GMs, Business Development Directors, E&P Directors, New Ventures Directors, Executives & Traders from Leading Oil & Gas Companies, Government Officials, Energy Consultants, Additives and Catalyst Companies, Project Financiers, Storage & Terminal Companies, EPC Companies, Legal Counselors |
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Read below testimonies from attendees
who benefitted from the 1st MOGP Summit
in March and enjoyed the warm
Myanmar hospitality: Well attended; interesting participants with local expertise
- WL Gore & Assocs Inc It is a good forum discussing Myanmar oil, gas & power industry
- Krohne Oil & Gas An excellent conference that attracted senior management and enabled a great exchange of information
- Upstream It was a very informative and useful conference
- PT Istech Resources Asia Constructive networking experience
- GL Noble Denton Very good opportunity to learn the host
national company attitude
- Idemitsu Provide an overview of the oil & gas market, very valuable
- Stolt-Nelsen So mark your dates down NOW for the ONLY Official Summit on Myanmar's Oil, Gas & Power! Be there to meet the decision makers, key officials from the energy ministry, electric power operators, and representatives from Myanmar national companies. Introduction to Business Ventures in Myanmar 14:00 - 17:30 on 3 September Led by legal expert Mr. Alessio Polastri
Managing Partner, P&A Asia Residing in Yangon, he helps local and foreign companies involved in natural resources, corporate, infrastructure and banking & finance transactions.
He is currently assisting: - a foreign investment bank in acquiring interest in a local mining company
- local companies in the development of several infrastructures n Myanmar
- a Government entity in setting up a joint venture with a local agriculture conglomerate
- foreign investors in setting up joint ventures with local individuals/companies in the hospitality industry
- a multinational involved in chemical industry in setting up a branch in Myanmar
| Above Pre-Conference Workshop is open to Conference Participants ONLY & is Optional - Separately Bookable |
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The inaugural summit attracted over 300 delegates from 35 countries from the world's oil & gas industry. This record attendance is a positive response to Myanmar's rapid reforms as well as significant global interest on the opportunities in this new frontier for oil, gas and power sectors. As Myanmar's onshore and offshore mineral potential is too great for investors to ignore, CMT will once again jointly organise the 2nd MOGP Summit to be held in Yangon on the 3 to 6 September 2012. At the 2nd MOGP Summit, the official host, Ministry of Energy will announce details about Myanmar's newest round of international bidding foronshore blocks. As a matter of fact, at the 1st MOGP summit H.E. U Than Htay, Union Minister of Energy, Myanmar also remarked, "After the completion of First International Bidding Round, we will be launching another International Bidding Round for onshore blocks in due course" Apart from above announcement, 2nd MOGP Summit will also address the following: - Latest on Upstream Petroleum (Oil & Gas) Fiscal Regime
- Production Sharing Contracts (PSCs) Terms & Updates
- Project Experience & Perspectives from Existing E&P Operators
- Infrastructure Roadmap for Oil, Gas & Power Sectors (i.e. Pipelines, Ports & Storage Terminals)
- Requirement & Demand Mapping for Electricity/Power Utilities
- Fuel Requirement/Fuel Mix for Power Generation
- Role of Electric Power Ministry and Plans for Projects
- Updates on the Investment Law & Changes on Taxation, etc
- Securing Project Financing Facility for Investment in Oil, Gas & Power
PLUS - Separately Bookable Post Conference Workshop:
Prospectivity & Geology Outlook of Myanmar's Hydrocarbons Do not delay - reserve your seats for this IMPORTANT event here or email huiyan@cmtsp.com.sg today. |
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