INTRODUCTION
Myanmar is one of the world’s oldest oil producers, exporting its first barrel in 1853. The oil and gas industry was nationalized after a socialist-leaning military regime seized power in 1962. In 1988, Myanmar passed foreign investment legislation and began replying on outside technology and capital to revive its oil and gas industry. Our company, Delta International Limited is committed to providing highly experience and competent personnel with vast accumulated knowledge in supplying equipment and materials and logistics series for the oil and gas industry for petroleum explorations in Myanmar.
We intend to provide the dedicated services to the oil and gas exploration and production sectors. We perform together with petroleum industry related companies working both onshore and offshore in Myanmar. We look out for a sustainable future.
Myanmar Oil and Gas Sector Indicators
Myanmar hydrocarbon reserves are estimated at 2.5 tcm of natural gas and 3.2 billion barrels of crude oil- numbers which are significant in the regional ASEAN context. Foreign investment in the oil and gas sector reached US$ 13.8 billion as of the end of November 2011, accounting for 34 percent and ranking second only behind the power sector. China is the largest investor in Myanmar’s energy sector, with Chinese companies holding stakes in 16 oil and gas blocks.
Myanmar’s natural gas exports jumped to US$ 3.56 billion in fiscal year 2011-12, compared to US$ 2.92 billion in 2009-10. Natural gas accounts for 90% of hydrocarbon production, over 80% of which is exported to Thailand Gas production in 2010 stood at 1240 mmcfd by 2016, following the start-up of the Shwe and Zawtika projects in 2013 and 2014 respectively.
The Yadana and Yetagun offshore gas projects, operated by Total and Petronas are the largest projects in Myanmar, producing 1200 mmcfd, the bulk of which is sold to PTT plc of Thailand.
OUR VISION
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To be your trust-worthy and first choice business partner |
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To be reliable and leading supplier in Energy Sector of Myanmar |
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To achieve excellent success of all we work in industrial sector of Myanmar |
OUR MISSION
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Supply our products with best quality, on time delivery and competitive price |
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Our co-operation in your industry must always be beyond all your expectations |
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To reach our clients expectations and goals |