Mizzima

A visiting Ross-Congress Investment Fund delegation met with Myanmar Military Council’s officials for extracting metals and minerals in Myanmar, exploration of oil and gas in onshore and offshore wells and to discuss providing technical assistance to Myanmar.

The information released by the Myanmar Ministry of Energy said that they discussed providing technology and investment for directly extracting natural gas from coal deposits.

The Ross-Congress Investment Fund delegation led by CEO Mr. Alexander Sergeevich met Myanmar Energy Minister Ko Ko Lwin in Naypyitaw on 8 October. The following day they met with junta chief Min Aung Hlaing. 

They discussed providing technical assistance and investment for directly extracting natural gas trapped in coal deposits in Myanmar, the upgrading of oil refineries and fertilizer factories and providing technical assistance for them.

They also discussed promotion of cooperation in the energy sector between the two countries, providing technical assistance in exploration and extraction of oil and gas in onshore and offshore wells, use of digital monitoring software, increasing output of oil and gas in declining onshore wells and potential wells in cooperation with Russian companies.

This delegation also discussed with Myanmar officials for cooperation in solar power energy, energy production, conservation of natural resources and environment conservation.

Moreover, they discussed fertilizer production for agriculture, and producing value-added products of agricultural produce and livestock for export to Russia.