Myanmar clings to petrol control plan
Myanmar imports most of its gasoline using foreign currency because domestic crude oil production meets only 3% of national demand. The Energy Ministry sells imported fuel to citizens at subsidized rates below prices in neighboring Southeast Asian nations.
Officials monitor petroleum imports, storage and distribution through a national laboratory and online tracking center in Nay Pyi Taw. The ministry plans to complete full system operations by the end of 2025 while maintaining quality standards and collecting taxes.
The government encourages private companies to explore and extract more crude oil while expanding refinery capacity. Energy officials asked fuel importers and distributors to cooperate with the monitoring program that checks supplies across regions.
