Why Myanmar is Investing Heavily in LPG
Myanmar is a promising market for LPG gas since the government is trying to increase its LPG imports. Arguably, the government is trying to provide a substitute for electricity, firewood, and charcoal that is used for cooking. Notably, the main goal is to ensure that about 1.5 million households access LPG by the end of this year. The ministry of Energy predicts that the LPG demand could rise from 20,000 tonnes in 2010 up to 140,000 tonnes by 2026. Currently, the majority of LPG in Myanmar is imported from Thailand and some from China. The Ministry of Energy estimates that the LPG imports are about 7000 tonnes per month. The current supply is hardly enough.
As Myanmar continues to develop, it will need ways of dealing with power connectivity. Since the government has finally decided to allow private companies to provide LPG services, many people hope such an idea will enable the energy industry to flourish. Additionally, Myanmar has been affected by harsh climatic conditions due to deforestation. Therefore, the best solution is to use alternative sources of energy that are environmentally friendly.
LPG in Myanmar is the best solution that can free up resources for expanding its electricity grid and reduce deforestation. However, what is required is more development in comprehensive guide and safety standards on how LPG activities can be conducted in Myanmar. Additionally, standardization can make it easy for both local and international companies to have confidence and operate safely in Myanmar.
Elite Petrochemical, a subsidiary company of Ayer Shwe Wah Group has been very keen on public-private partnerships for the distribution of LPG in Myanmar. The company provides various services such as piped gas installation, installation of bulk petroleum, installation of LPG, supply, and storage of LPG, oil and gas engineering, transportation of oil and gas. If you are residing in Myanmar and you wish to buy LPG for cooking, Elite Petrochemical is the best company for you. The company supplies LPG with a brand name “eff.” The eff brand is known to be of high quality and environmentally-friendly.
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