Myanmar Natural Resources MapMap of Myanmar's Natural Resources
Burma and the role of natural resources in the transition of armed conflict / military governments.
To share the wealth: Myanmar's natural resource revenue distribution roadmap
Myanmar's EU governments collect much of the trillion kyats produced by crude petroleum, natural-gas, precious stones and other mineral resources each year, mainly through their state-owned commercial corporations (SEEs). Launched the National League for Democracy (NLD) has pledged to "ensure a just allocation of benefits from the exploitation of natural resources throughout the entire land in accordance with the principle of a federation union".
In the forthcoming debate on the federal system, a system for distributing resources will no doubt be on the agenda. Whilst these experience is untypical, the distribution of revenues from natural resources often results in money wastage, domestic price increases, boom-bust periods and bad government investments made. But if well conceived, the distribution of resources can enhance the results of developments and the overall level of government investments, win high-quality investor for the industry and contribute to sustainable tranquillity.
To share the wealth: Myanmar's natural resources revenue distribution roadmap sets out the opportunities available under the present regulatory framework to help the new governance meet its obligation to decentralise natural resources revenue. The purpose is also to provide information to Myanmar's wider public on how best to share this revenue. Firstly, he sketches the present state of tax decentralisation in Myanmar.
Thirdly, best practice on turnover sharing and sharing experience internationally. 4 ) Sketches out political choices and reflections for political decision-makers on interstate transfer and discusses the issue of fiscal levies.
Myanmar Resources Tour
Myanmar is the world' s hotest up-and-coming resource industry. While Myanmar is opening its economies and the West is lifting its penalties against the nation, businesses are pouring there to use its resources. It is a land full of power, gems like jad and ruby, tea, copper as well as wood coal, to name but a few.
Burma has 11-23 trillion cu. ft. of natural resources and 50 million barrel of petroleum resources are reported. You recently sold 18 units of natural and petroleum auctions. We' ve put together a photographic trip of some of his resources. For the case of power, since many of their exploration and production sites have not yet been tapped, we have compiled some of their sites with the help of satellites.
Burma is high in gemstones like Java, and the price has risen due to China's growing demands. During the 2010-2011 financial year, total Myanmar exported more than $1.75 billion in the form of thousands of jade dollars, one-fifth of total Myanmar-wide. In 2008, the USA prohibited the import of Myanmarade. Mogok provides 90 per cent of the world's ruby supplies, and the whole area is taboo for outcasts.
Covertly, Al Jazeera was filming Myanmar's ruby industries. Cobber is another important Burma asset. This is Letpadaung Mine, Monywa City, northwest of Myanmar. Farming is the largest of Myanmar's 64 million inhabitants and represents 36 per cent of GDP. Between 1960 and 1963, Myanmar was the world's largest travel exporting country, but for five centuries it suffered the loss of its status as a underdictator.
Myanmar's two third of its power comes from bio-mass such as firewood, coal, etc. As a result of a shortage of development and investments, Myanmar has one of the low per capita power usage in Asia. The Myanmar region is said to have between 11-23 trillion cu. ft. of natural resources. Here you can see the major power company Total operating the Yadana Bay, the first off-shore operation in Myanmar.
Explored in 1980, the reservoir is expected to contain over 150 billion m³. It' 37 leagues off the coast, 4,300 ft below the sea floor. In 2000 we started to produce and the area has a 30-year lifespan. Myanmar's largest exporter is natural gas, most of which goes to Thailand.
Yetagun was the second off-shore property shown here and is run by Petronas. The Yetiagun natural reserve is expected to be 3.2 trillion m³ of natural per capita natural gas. In May 2000 the Yetiagun natural reserve is scheduled to start up. According to reports, it has over 50 million barrel of petroleum stocks and is gradually selling off block quantities of natural resources to attract external investments.
The Rakhine off-shore area is depicted with 14 defined deep-water inlets. The Shwe off-shore petroleum and natural-gas field, which is to become an important actor in Myanmar's power industry, can be seen here. It' said it has somewhere between 4.794-8.632 trillion cf. of natural Gas. The Daewoo Group has a 60 per cent share in the joint venture.
Thargyitaung / Sabe explored here was found in 2001 and is still being produced.