Nay Pyi Taw - April 18, 2026

With the aim of securing liquefied natural gas (LNG), liquefied petroleum gas (LPG), fertilizers, and crude oil from Russia to Myanmar at discounted prices, as well as guaranteeing quality and transit security, a Memorandum of Cooperation (MOC) on economic and technological cooperation was signed between Myanmar's Ministry of Electricity and Energy and Russia's Investment Development Fund "RC Investments" on April 16, 2026, in Russia.

During the visit to Russia, the Myanmar delegation led by Union Minister for Electricity and Energy U Ko Ko Lwin met with officials from Russia-based companies under the guidance and arrangement of the Russian Ministry of Energy. Through these meetings, arrangements for such a continuous, long-term supply were established based on the friendly relations between the two countries.

In addition, on the afternoon of that day, they met with the Russian company Inter RAO to discuss in detail matters concerning the construction of a coal-fired power plant, an oil refinery, and an LNG terminal at the Dawei Deep Seaport.

To strengthen the operations of the domestic energy sector, the discussions also included coordinating the capacity enhancement of natural gas turbines and engines currently used in Myanmar, their regular maintenance, and practical technical training related to turbine machinery.

It is reported that in addition to the recently signed economic and technological MOC, a further Memorandum of Understanding (MOU) between Myanmar's Ministry of Electricity and Energy and the Ministry of Energy of the Russian Federation will be signed in the near future. This MOU will cover increasing investments across the entire electricity and energy sector, as well as providing training for human resource development.