Insight
Is Myanmar’s 2019 licensing round worth another look?
Report summary
Myanmar is about to launch a new licensing round. But is now the right time? The country learned a hard lesson following the disastrous outcome from its 2013 licensing round. The government is now ready to try again, and make the pivotal move the industry was waiting for: to ease the fiscal terms. Will Myanmar seize this second chance and reclaim its status as regional exploration hotspot? We highlight the blocks likely to be on offer and the fiscal changes Myanmar must enact to attract explorers again.
Table of contents
- The rise and fall of an exploration hotspot
- We saw it coming
-
Myanmar is off to a promising second go
- At least 33 blocks on offer, a record for Southeast Asia
- A more realistic view of prospectivity
- Improving contractors' profit share
-
What else is different this time round?
- Seismic data bonanza
- More indigenous gas is needed
- Increased pipeline capacity
- The government is under pressure
-
Now is the time
- Unleash Myanmar's onshore potential
- The door to new players is open
Tables and charts
This report includes 7 images and tables including:
- Recommended fiscal incentives for shallow water
- Recommended fiscal incentives for deepwater
- Regional fiscal benchmarking for shallow water
- Regional fiscal benchmarking for deepwater
- 2019 Myanmar licensing round – possible blocks on offer
- Myanmar's domestic supply demand gap outlook
What's included
This report contains:
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