Myanmar’s Ministry of Electricity and Energy, under the administration of coup-installed President Min Aung Hlaing, has signed a cooperation agreement with Russia’s RC Investments to expand collaboration in the electricity and energy sectors, including the import of oil and fuel products from Russia.
A Myanmar delegation led by Union Minister U Ko Ko Lwin met with officials from Russia’s Ministry of Energy and Russian companies on April 16. According to military-run media, discussions covered the supply of LNG, LPG, fertilizers, crude oil, and refined petroleum products.
Both sides reportedly agreed to continue cooperation based on friendly relations, focusing on reasonable pricing, quality assurance, secure transportation, and long-term supply stability.
The Myanmar delegation also held talks with Inter RAO regarding potential projects, including the construction of a coal-fired power plant at the Dawei deep-sea port, as well as oil refinery and LNG terminal developments.
In addition, discussions included upgrading gas turbines and engines currently used in Myanmar, along with maintenance support and technical training programs.
Beyond the current agreement, military media reported that a separate Memorandum of Understanding (MoU) will soon be signed to further expand cooperation in investment, human resource development, and the broader energy sector.
