Myanmar may face an energy crisis after 2020 as oil and gas production has declined and the newly discovered sites are not ready to fill the gap, according to Than Tun, an adviser to Myanmar Oil and Gas Enterprises under the Ministry of Energy.
“We cannot expect what will happen beyond 2020. The newly discovered Shwe Yee Tun block has good prospects. There may be a gap beyond 2020,” said Than Tun, who is also a retired director from the energy ministry. He was speaking at a conference called Changes for Myanmar Oil and Gas Sector, 2016-21 at the Union of Myanmar Federation of Chambers of Commerce and Industry in Yangon.