Name: Myanmar upstream summary
Brand: Wood Mackenzie
SKU: 16938
Price: 6480 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Country Report 08 July 2025

Get this report*

$6,480

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

<div class="col small-12">
<div class="Form__Element FormChoice" data-f-element-name="__field_147196" data-f-type="choice" id="526f17d9-9134-4e46-a0b2-dee2ed7d3d9c">
    <label class="Form__Element__Caption">Consent</label>
    
        <div class="checkbox">
            <div class="checkbox__item">
                <input type="checkbox" id="__field_147196-0" name="__field_147196" value="Opt In" class="checkbox__input"   data-f-datainput />
                <label for="__field_147196-0" class="checkbox__label">Please keep me informed about Wood Mackenzie products, services and events.</label>
            </div>
        </div>
        <span class="field-validation-valid white gamma" data-f-linked-name="__field_147196" data-f-validationerror="" data-valmsg-for="" data-valmsg-replace="true" style="display:none;"></span>
    
</div>
</div>

<li class="Form__Element FormTextbox push-half--bottom form-submit-category" data-f-element-name="submit_category" data-f-type="textbox">
    <label for="submit_category" class="form-control-label">Submit Category</label>
        <input name="submit_category" id="submit_category" type="text" placeholder="Category" value="" title="Category" data-f-datainput="" class="FormHideInSummarized">
</li>

<li class="push--bottom ">
    <button id="75ab31c4-ca57-45f2-a8b1-9dcc80fe0256_1910859225" name="submit" type="submit" value="75ab31c4-ca57-45f2-a8b1-9dcc80fe0256" data-f-is-finalized="false"
            data-f-is-progressive-submit="true" data-f-type="submitbutton"
             title="Submit" disabled
            
            class="btn--block Form__Element FormExcludeDataRebind FormSubmitButton btn btn--primary">
        Submit
        
    </button>
</li>

</div>
            </div>

</form>
    
</div>

<div class="push-half--top editor">
<h6><span>For details on how your data is used and stored, see our </span><a href="/privacy-policy/">Privacy Notice</a><span>.</span></h6>
<h6> </h6></div>

</div>
    </div>
</div>
                <p class="gamma white">
                        <a class="font-bold mono-link" href="/faq/">- FAQs about online orders</a><br/>

</p>
            </div>
        </div>
            <div class="flex__equal-height">
                <div class="col">
                    <p class="white gamma store_font push-half--bottom">*Please note that this report only includes an Excel data file if this is indicated in "What's included" below</p>
                </div>
            </div>
    </div>
</div>

<div class="wrap soft-double--ends">
        <div class="col small-12 medium-3 large-2 push-half--bottom hide-for-small-only">
            <div class="bg-country-report report-cover">
    <div class="small-7 report-cover__logo"></div>
    
    
</div>
        </div>
        <div class="col small-12 medium-8 large-7">
            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
            <p class="mega push--bottom store_landing__body">
                <div>
Exit of majors and IOCs: Since the military coup in February 2021, political instability in Myanmar has led to several major IOCs and key operators exiting legacy projects. Despite these departures, a few Asian NOCs and regional players remain active in the country.Shell relinquished its deepwater acreage in Block A-7 in September 2021.Mitsui followed suit, exiting the pre-FID Block M3 in October 2021.Woodside progressively reduced its presence, relinquishing Blocks AD-2, AD-5, and A-4 in ...</div>
            </p>
        </div>
</div>

<div class="bg-light-grey-1">
    <div class="wrap soft-double--ends">
        <div class="col small-12 medium-6 large-12">
            <div class="row">
                <div class="col small-12 large-4 push--bottom">
                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Executive summary
    </li>

<li class="list__item-toggle font-semibold">
        Key facts
    </li>

<li class="list__item-toggle font-semibold">
        Location maps
    </li>

<li class="list__item-toggle">
        <a href="#5c6f831b-1cf2-43a7-8f30-a069867bc7e3" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="5c6f831b-1cf2-43a7-8f30-a069867bc7e3" aria-expanded="false">
            Key companies
        </a>
        <ul id="5c6f831b-1cf2-43a7-8f30-a069867bc7e3" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        NOCs
    </li>
    <li class="push-quarter--bottom">
        IOCs
    </li>
    <li class="push-quarter--bottom">
        Regional players
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#be26d7aa-c56c-415f-8f66-f468542aabba" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="be26d7aa-c56c-415f-8f66-f468542aabba" aria-expanded="false">
            Geology
        </a>
        <ul id="be26d7aa-c56c-415f-8f66-f468542aabba" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Introduction
    </li>
    <li class="push-quarter--bottom">
        Central Basin
    </li>
    <li class="push-quarter--bottom">
        Chindwin Basin
    </li>
    <li class="push-quarter--bottom">
        Rakhine Coast/Bengal Delta Basins
    </li>
    <li class="push-quarter--bottom">
        Gulf of Moattama/Irrawaddy Delta Basins
    </li>
    <li class="push-quarter--bottom">
        Pegu Yoma Basin
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#d06005d2-f48b-433d-90d3-c92e41c4483f" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="d06005d2-f48b-433d-90d3-c92e41c4483f" aria-expanded="false">
            Exploration
        </a>
        <ul id="d06005d2-f48b-433d-90d3-c92e41c4483f" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Licensing
    </li>
    <li class="push-quarter--bottom">
        Offshore
            <ul id="da291adb-2437-4fc1-9cf7-51a009ec5bf6" class="push-half--left">
                    <li class="push-quarter--bottom">
        Future licensing activity
    </li>
    <li class="push-quarter--bottom">
        Recent licensing activity
    </li>
    <li class="push-quarter--bottom">
        Historical licensing activity
    </li>

</ul>
    </li>
    <li class="push-quarter--bottom">
        Onshore
            <ul id="8e05996b-8bb0-4558-babd-3965fdcd6a07" class="push-half--left">
                    <li class="push-quarter--bottom">
        Future licensing activity
    </li>
    <li class="push-quarter--bottom">
        Recent licensing activity
    </li>
    <li class="push-quarter--bottom">
        Historical licensing activity
    </li>

</ul>
    </li>
    <li class="push-quarter--bottom">
        Drilling
            <ul id="881c9e70-c368-4a68-bbc3-41e36eb6712e" class="push-half--left">
                    <li class="push-quarter--bottom">
        Drilling activity
    </li>
    <li class="push-quarter--bottom">
        Recent drilling activity
    </li>
    <li class="push-quarter--bottom">
        Historical drilling activity
    </li>
    <li class="push-quarter--bottom">
        Success rates
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#8990e721-97b0-4c31-99a3-e4e1a530c33a" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="8990e721-97b0-4c31-99a3-e4e1a530c33a" aria-expanded="false">
            Reserves and resources
        </a>
        <ul id="8990e721-97b0-4c31-99a3-e4e1a530c33a" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Contingent resources
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#0c2d2a93-98c1-40c6-b43d-6f1930204b2d" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="0c2d2a93-98c1-40c6-b43d-6f1930204b2d" aria-expanded="false">
            Production
        </a>
        <ul id="0c2d2a93-98c1-40c6-b43d-6f1930204b2d" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Liquids
            <ul id="df637985-9bdd-4f0b-b01b-c0c069608910" class="push-half--left">
                    <li class="push-quarter--bottom">
        Future liquids production
    </li>
    <li class="push-quarter--bottom">
        Historical liquids production
    </li>

</ul>
    </li>
    <li class="push-quarter--bottom">
        Gas
            <ul id="e5976dab-d568-46b7-9c88-3934c91391c3" class="push-half--left">
                    <li class="push-quarter--bottom">
        Future gas production
    </li>
    <li class="push-quarter--bottom">
        Historical gas production
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#43d20ed6-c9ce-4d1f-b098-f49808e62479" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="43d20ed6-c9ce-4d1f-b098-f49808e62479" aria-expanded="false">
            Infrastructure
        </a>
        <ul id="43d20ed6-c9ce-4d1f-b098-f49808e62479" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Oil infrastructure
            <ul id="833dad7c-c752-441d-818f-a27d9c9fac0c" class="push-half--left">
                    <li class="push-quarter--bottom">
        Domestic network
    </li>
    <li class="push-quarter--bottom">
        Export network
    </li>

</ul>
    </li>
    <li class="push-quarter--bottom">
        Gas infrastructure
            <ul id="a9ec8c96-782a-42de-ab5a-27cec9503eed" class="push-half--left">
                    <li class="push-quarter--bottom">
        Export Network
    </li>
    <li class="push-quarter--bottom">
        Domestic Network
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#d5d35260-ab7f-479e-a7c5-d22ab4022eeb" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="d5d35260-ab7f-479e-a7c5-d22ab4022eeb" aria-expanded="false">
            Costs
        </a>
        <ul id="d5d35260-ab7f-479e-a7c5-d22ab4022eeb" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Capital costs
            <ul id="d72d8dae-7faf-44f9-bbe5-bbf66abf9de7" class="push-half--left">
                    <li class="push-quarter--bottom">
        Capital expenditure by location
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#edd7b9e4-9b88-4c86-ad74-35c8a2b26271" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="edd7b9e4-9b88-4c86-ad74-35c8a2b26271" aria-expanded="false">
            Policy and regulation
        </a>
        <ul id="edd7b9e4-9b88-4c86-ad74-35c8a2b26271" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Key legislation
    </li>
    <li class="push-quarter--bottom">
        Regulatory body
    </li>
    <li class="push-quarter--bottom">
        State oil company
    </li>
    <li class="push-quarter--bottom">
        State participation
    </li>
    <li class="push-quarter--bottom">
        Licensing
    </li>

</ul>
    </li>

<li class="list__item-toggle">
        <a href="#0594dac9-9430-481e-9690-05b82862de79" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="0594dac9-9430-481e-9690-05b82862de79" aria-expanded="false">
            Fiscal terms
        </a>
        <ul id="0594dac9-9430-481e-9690-05b82862de79" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Current fiscal terms
    </li>
    <li class="push-quarter--bottom">
        Overview
            <ul id="5aed6b91-3329-474a-8aad-5021537e005d" class="push-half--left">
                    <li class="push-quarter--bottom">
        Upstream
    </li>

</ul>
    </li>
    <li class="push-quarter--bottom">
        Current Fiscal Terms
    </li>
    <li class="push-quarter--bottom">
        Production Sharing Contracts (PSCs)
            <ul id="f4a0c3de-ef7c-420c-b0a6-9bc20bff3154" class="push-half--left">
                    <li class="push-quarter--bottom">
        State equity participation
    </li>
    <li class="push-quarter--bottom">
        Participation Rate
    </li>
    <li class="push-quarter--bottom">
        Carry & Reimbursement
    </li>
    <li class="push-quarter--bottom">
        Bonuses, rentals and fees
    </li>
    <li class="push-quarter--bottom">
        Signature bonuses
    </li>
    <li class="push-quarter--bottom">
        Area rentals
    </li>
    <li class="push-quarter--bottom">
        Training Fees
    </li>
    <li class="push-quarter--bottom">
        Other bonuses and fees
    </li>

<li>25 more item(s)...</li>
            </ul>
    </li>
    <li class="push-quarter--bottom">
        Sample Cash Flow
    </li>
    <li class="push-quarter--bottom">
        Marginal Government Take
    </li>
    <li class="push-quarter--bottom">
        Other Contracts
            <ul id="9ee185ea-1e50-4c59-a317-6ca325fd4351" class="push-half--left">
                    <li class="push-quarter--bottom">
        Performance Compensation Contract (PCC)
    </li>

</ul>
    </li>
    <li class="push-quarter--bottom">
        Historical background
            <ul id="847685fc-0304-4f12-a7a9-6bc738cc6c18" class="push-half--left">
                    <li class="push-quarter--bottom">
        1980s
    </li>
    <li class="push-quarter--bottom">
        1990s
    </li>
    <li class="push-quarter--bottom">
        2000s
    </li>

</ul>
    </li>

</ul>

</div>
                <div class="col small-12 large-4 push--bottom">

<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
         <li class="list__item push-quarter--bottom">Key facts: Table 1</li><li class="list__item push-quarter--bottom">Country Map</li><li class="list__item push-quarter--bottom">Reserves and resources: Table 1</li>
     </ul>
    <div>
        <button data-target="#1e826651abbd4239bf6bc1423e00cacb"
                class="btn-toc js-toggle-local"
                role="button"
                aria-controls="1e826651abbd4239bf6bc1423e00cacb"
                aria-expanded="false">
            View more tables and charts in this report
        </button>
        <ul class="list list--bullets panel-toggle" id="1e826651abbd4239bf6bc1423e00cacb">
            <li class="list__item push-quarter--bottom">Reserves and resources: Table 2</li><li class="list__item push-quarter--bottom">Liquids and Gas Production and Reserves</li><li class="list__item push-quarter--bottom">Liquids and Gas Reserves</li><li class="list__item push-quarter--bottom">Reserves and contingent resources at 01/01/2025</li><li class="list__item push-quarter--bottom">Net Acreage 2025</li><li class="list__item push-quarter--bottom">Map of Basins</li><li class="list__item push-quarter--bottom">Blocks Awarded</li><li class="list__item push-quarter--bottom">Fiscal terms: Table 23</li><li class="list__item push-quarter--bottom">Fiscal terms: Table 24</li>
                <li>50 more item(s)...</li>
        </ul>
        
    </div>

</div>

<div class="col small-12 large-4 push--bottom">
                    
<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Country Overview</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>18.48 MB</span>
</p>
</li><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Country Overview</p>
<p class="uppercase delta">
    <span>XLS</span>
    <span>2.44 MB</span>
</p>
</li></ul>
                </div>
            </div>
        </div>
    </div>
</div>

<div class="module">
    <div class="wrap">
        <h2 class="store_featured_title">Other reports you may be interested in</h2>
        <div class="flex__equal-height">

<a class="dark-link col small-12 medium-6 xlarge-4 report-category" href="/reports/upstream-oil-and-gas-myanmar-upstream-summary-slides-29651386/"
        data-tracking-click="eyJldmVudCI6InByb2R1Y3RDbGljayIsImVjb21tZXJjZSI6eyJjbGljayI6eyJwcm9kdWN0cyI6W3sibmFtZSI6Ik15YW5tYXIgdXBzdHJlYW0gc3VtbWFyeSBzbGlkZXMiLCJpZCI6IjEwNzg4IiwicHJpY2UiOiIzMjQwLjAwIiwicXVhbnRpdHkiOjF9XX19fQ==" ga4-data-tracking-click="eyJldmVudCI6InNlbGVjdF9pdGVtIiwiZWNvbW1lcmNlIjp7Iml0ZW1zIjpbeyJpdGVtX2lkIjoiMTA3ODgiLCJpdGVtX25hbWUiOiJNeWFubWFyIHVwc3RyZWFtIHN1bW1hcnkgc2xpZGVzIiwicHJpY2UiOiIzMjQwLjAwIiwicXVhbnRpdHkiOiIxIn1dfX0=">
    <div class="row">
        <div class="col small-12 small-medium-4 report-category__cover">
            <div class="bg-country-report report-cover">
    <div class="small-7 report-cover__logo"></div>
    
    
</div>
        </div>
        <div class="col small-12 small-medium-8">
            <span class="store_badge push-quarter--bottom">Country Report</span>
            <h3 class="report-category__title">Myanmar upstream summary slides</h3>
            <div class="author push-half--bottom">
                    <div class="author__content">
                        <time class="delta store_featured_content_extrabold">12 May 2025</time>
                    </div>
            </div>

<p class="gamma store_landing__body off-black font-regular push-half--bottom">To complement our more detailed Myanmar upstream summary we provide a slide-pack of the key issues in Myanmar.</p>

</div>
    </div>
</a>

<a class="dark-link col small-12 medium-6 xlarge-4 report-category" href="/reports/upstream-oil-and-gas-oman-upstream-summary-slides-26287555/"
        data-tracking-click="eyJldmVudCI6InByb2R1Y3RDbGljayIsImVjb21tZXJjZSI6eyJjbGljayI6eyJwcm9kdWN0cyI6W3sibmFtZSI6Ik9tYW4gdXBzdHJlYW0gc3VtbWFyeSBzbGlkZXMiLCJpZCI6IjE2NTYwIiwicHJpY2UiOiIzMjQwLjAwIiwicXVhbnRpdHkiOjF9XX19fQ==" ga4-data-tracking-click="eyJldmVudCI6InNlbGVjdF9pdGVtIiwiZWNvbW1lcmNlIjp7Iml0ZW1zIjpbeyJpdGVtX2lkIjoiMTY1NjAiLCJpdGVtX25hbWUiOiJPbWFuIHVwc3RyZWFtIHN1bW1hcnkgc2xpZGVzIiwicHJpY2UiOiIzMjQwLjAwIiwicXVhbnRpdHkiOiIxIn1dfX0=">
    <div class="row">
        <div class="col small-12 small-medium-4 report-category__cover">
            <div class="bg-country-report report-cover">
    <div class="small-7 report-cover__logo"></div>
    
    
</div>
        </div>
        <div class="col small-12 small-medium-8">
            <span class="store_badge push-quarter--bottom">Country Report</span>
            <h3 class="report-category__title">Oman upstream summary slides</h3>
            <div class="author push-half--bottom">
                    <div class="author__content">
                        <time class="delta store_featured_content_extrabold">04 July 2025</time>
                    </div>
            </div>

<p class="gamma store_landing__body off-black font-regular push-half--bottom">To complement our more detailed Oman upstream summary we provide a slide-pack of the key issues.</p>

</div>
    </div>
</a>

<a class="dark-link col small-12 medium-6 xlarge-4 report-category" href="/reports/upstream-oil-and-gas-ghana-upstream-summary-slides-31970064/"
        data-tracking-click="eyJldmVudCI6InByb2R1Y3RDbGljayIsImVjb21tZXJjZSI6eyJjbGljayI6eyJwcm9kdWN0cyI6W3sibmFtZSI6IkdoYW5hIHVwc3RyZWFtIHN1bW1hcnkgc2xpZGVzIiwiaWQiOiI0MDY0MSIsInByaWNlIjoiMzI0MC4wMCIsInF1YW50aXR5IjoxfV19fX0=" ga4-data-tracking-click="eyJldmVudCI6InNlbGVjdF9pdGVtIiwiZWNvbW1lcmNlIjp7Iml0ZW1zIjpbeyJpdGVtX2lkIjoiNDA2NDEiLCJpdGVtX25hbWUiOiJHaGFuYSB1cHN0cmVhbSBzdW1tYXJ5IHNsaWRlcyIsInByaWNlIjoiMzI0MC4wMCIsInF1YW50aXR5IjoiMSJ9XX19">
    <div class="row">
        <div class="col small-12 small-medium-4 report-category__cover">
            <div class="bg-country-report report-cover">
    <div class="small-7 report-cover__logo"></div>
    
    
</div>
        </div>
        <div class="col small-12 small-medium-8">
            <span class="store_badge push-quarter--bottom">Country Report</span>
            <h3 class="report-category__title">Ghana upstream summary slides</h3>
            <div class="author push-half--bottom">
                    <div class="author__content">
                        <time class="delta store_featured_content_extrabold">11 September 2025</time>
                    </div>
            </div>

<p class="gamma store_landing__body off-black font-regular push-half--bottom">To complement our more detailed Ghana upstream summary we provide a slide-pack of the key issues in Ghana.</p>

</div>
    </div>
</a>

</div>
    </div>
</div>

<div class="wrap soft-double--ends">
    <h2 class="store_featured_title push--bottom">Recently viewed reports</h2>
    <div class="flex__equal-height">
        <a class="col small-12 medium-6 xlarge-4 report-category dark-link" href="/reports/power-markets-brazils-first-capacity-auction-a-new-mechanism-to-solve-old-issues-1000000580/">
    <div class="row">
        <div class="col small-12 small-medium-4 report-category__cover">
            <div class="bg-insight-report report-cover">
                <div class="small-7 report-cover__logo"></div>
                
                
            </div>
        </div>
        <div class="col small-12 small-medium-8">
            <p class="store_badge push-quarter--bottom">Insight</p>
            <h3 class="report-category__title">Brazil's first capacity auction: A new mechanism to solve old issues</h3>
            <time class="delta store_featured_content_extrabold">17 December 2021</time>

<div><div class="wrap push-double--ends"><div class="col small-12">
    <h2 class="store_featured_title">Browse reports by industry sector</h2>
</div>

<div class="browse-lister flex__equal-height"><div>
<a href="/store/industry-sector/petrochemicals/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/chemicals-polymers--fibres/woodmac_chemicals_020.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Chemicals</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/power-and-renewables/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/power--renewables/woodmac_wind_008.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Power and renewables</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/metals-markets/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/metals--mining/woodmac_metals_mining_051.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Metals markets</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/metals-costs/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/metals--mining/woodmac_metals_mining_052.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Metals costs</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/coal/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/metals--mining/woodmac_metals_mining_001.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Coal</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/macroeconomics-risk-and-global-trends/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/corporate-analysis/woodmac_corporate_002_2.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Macroeconomics, risk and global trends</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/lng-reports/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/gas--lng/woodmac_lng_001.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">LNG</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/upstream-oil-and-gas/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/upstream-offshore/allseas_transport-of-the-delta-topsides-to-hartlepool.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Upstream oil and gas</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/oil-and-gas-markets/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/upstream-offshore/woodmac_upstream_offshore_061.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Oil and gas markets</h3>
        </div>
    </div>
</a></div><div>
<a href="/store/industry-sector/downstream-oil-refining/" class="img-overlay">
    <figure class="img-overlay__wrap">
        <img class="img-overlay__image lazyload" data-src="https://www.woodmac.com/siteassets/photography---industry/oils--refining/woodmac_oils_refining_018.jpg?w=500&h=300&mode=crop&center=0.5,0.5" alt="">
    </figure>
    <div class="img-overlay__blend">
        <div class="img-overlay__content">
            <h3 class="alpha push-quarter--bottom white">Downstream oil refining</h3>
        </div>
    </div>
</a></div></div>
</div></div>

</main>

<footer class="site-footer">
        <div class="site-footer__top bg-primary-color soft-double--ends">
            <div class="wrap flexbox--medium">
                <div class="col small-12 medium-5 large-5 push-1--large">
                        <p class="tera white font-regular push--bottom">Inspiring natural<br />resources decisions.</p>

<h2 class="kilo white font-regular push--bottom">Get valuable updates from our team of experts right into your inbox.</h2>

<a href="/market-insights/sign-up/" class="btn btn--primary push-half--top push-bottom--small">Sign up for weekly insights</a>

</div>
                
                <div class="col small-12 medium-7 large-6 show-for-medium-up">
                    <div class="flexbox flex__equal-height justify-between white">
                            <div class="col small-12 medium-4 large-4">
        <h2 class="site-footer__col-heading gamma uppercase push--bottom">DISCOVER</h2>
            <ul>
                    <li class="site-footer__item">
                        <a href="/industry/power-and-renewables/" title="Power & Renewables" class="site-footer__link gamma white">Power & Renewables</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/market-insights/topics/energy-transition/" title="Energy Transition" class="site-footer__link gamma white">Energy Transition</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/products/consulting/" title="Consulting" class="site-footer__link gamma white">Consulting</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/events/" title="Events" class="site-footer__link gamma white">Events</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/store/" title="Reports" class="site-footer__link gamma white">Reports</a>
                    </li>
            </ul>
    </div>

<div class="col small-12 medium-4 large-4">
        <h2 class="site-footer__col-heading gamma uppercase push--bottom">RESOURCES</h2>
            <ul>
                    <li class="site-footer__item">
                        <a href="/market-insights/" title="News & Opinion" class="site-footer__link gamma white">News & Opinion</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/horizons/" title="Horizons" class="site-footer__link gamma white">Horizons</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/market-insights/types/podcasts/" title="Podcasts" class="site-footer__link gamma white">Podcasts</a>
                    </li>
                    <li class="site-footer__item">
                        <a target="_blank" href="https://support.woodmac.com/en/" title="Customer support" class="site-footer__link gamma white">Customer support</a>
                    </li>
            </ul>
    </div>

<div class="col small-12 medium-4 large-4 flush--right">
        <h2 class="site-footer__col-heading gamma uppercase push--bottom">ABOUT WOODMAC</h2>
            <ul>
                    <li class="site-footer__item">
                        <a href="/about/overview/" title="About us" class="site-footer__link gamma white">About us</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/media-centre/" title="Media centre" class="site-footer__link gamma white">Media centre</a>
                    </li>
                    <li class="site-footer__item">
                        <a href="/careers/" title="Careers" class="site-footer__link gamma white">Careers</a>
                    </li>
                    <li class="site-footer__item">
                        <a target="_top" href="/about/our-locations/" title="Our locations" class="site-footer__link gamma white">Our locations</a>
                    </li>
            </ul>
    </div>

</div>
                </div>

<div class="col small-12 js-accordion show-for-small-only">
                        <div class="footer-accordion__wrapper">
        <h2>
            <button aria-expanded="false" class="footer-accordion__trigger js-accordion__trigger relative gamma white uppercase flex align-center font-bold" aria-controls="accordion-section--c0328514-a12a-4252-8b1e-d0009014e572" id="accordion-button--c0328514-a12a-4252-8b1e-d0009014e572">
                <span>DISCOVER</span>
                <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#fff" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#a)"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="a"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg>
            </button>
        </h2>
            <div class="footer-accordion__panel" id="accordion-section--c0328514-a12a-4252-8b1e-d0009014e572" aria-labelledby="accordion-button--c0328514-a12a-4252-8b1e-d0009014e572">
                <ul>
                        <li class="site-footer__item">
                            <a href="/industry/power-and-renewables/" title="Power & Renewables" class="site-footer__link gamma white">Power & Renewables</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/market-insights/topics/energy-transition/" title="Energy Transition" class="site-footer__link gamma white">Energy Transition</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/products/consulting/" title="Consulting" class="site-footer__link gamma white">Consulting</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/events/" title="Events" class="site-footer__link gamma white">Events</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/store/" title="Reports" class="site-footer__link gamma white">Reports</a>
                        </li>
                </ul>
            </div>
    </div>

<div class="footer-accordion__wrapper">
        <h2>
            <button aria-expanded="false" class="footer-accordion__trigger js-accordion__trigger relative gamma white uppercase flex align-center font-bold" aria-controls="accordion-section--1e4c08bc-111b-41fd-9575-789e394d8e6c" id="accordion-button--1e4c08bc-111b-41fd-9575-789e394d8e6c">
                <span>RESOURCES</span>
                <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#fff" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#a)"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="a"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg>
            </button>
        </h2>
            <div class="footer-accordion__panel" id="accordion-section--1e4c08bc-111b-41fd-9575-789e394d8e6c" aria-labelledby="accordion-button--1e4c08bc-111b-41fd-9575-789e394d8e6c">
                <ul>
                        <li class="site-footer__item">
                            <a href="/market-insights/" title="News & Opinion" class="site-footer__link gamma white">News & Opinion</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/horizons/" title="Horizons" class="site-footer__link gamma white">Horizons</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/market-insights/types/podcasts/" title="Podcasts" class="site-footer__link gamma white">Podcasts</a>
                        </li>
                        <li class="site-footer__item">
                            <a target="_blank" href="https://support.woodmac.com/en/" title="Customer support" class="site-footer__link gamma white">Customer support</a>
                        </li>
                </ul>
            </div>
    </div>

<div class="footer-accordion__wrapper">
        <h2>
            <button aria-expanded="false" class="footer-accordion__trigger js-accordion__trigger relative gamma white uppercase flex align-center font-bold" aria-controls="accordion-section--d503be1f-7513-485c-8618-cf1aded1d275" id="accordion-button--d503be1f-7513-485c-8618-cf1aded1d275">
                <span>ABOUT WOODMAC</span>
                <svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="none"><g stroke="#fff" stroke-linecap="round" stroke-linejoin="round" stroke-width="1.28" clip-path="url(#a)"><path d="M8 .96v14.08M15.04 8H.96" aria-hidden="true" focusable="false" /></g><defs><clipPath id="a"><path fill="#fff" d="M0 0h16v16H0z" /></clipPath></defs></svg>
            </button>
        </h2>
            <div class="footer-accordion__panel" id="accordion-section--d503be1f-7513-485c-8618-cf1aded1d275" aria-labelledby="accordion-button--d503be1f-7513-485c-8618-cf1aded1d275">
                <ul>
                        <li class="site-footer__item">
                            <a href="/about/overview/" title="About us" class="site-footer__link gamma white">About us</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/media-centre/" title="Media centre" class="site-footer__link gamma white">Media centre</a>
                        </li>
                        <li class="site-footer__item">
                            <a href="/careers/" title="Careers" class="site-footer__link gamma white">Careers</a>
                        </li>
                        <li class="site-footer__item">
                            <a target="_top" href="/about/our-locations/" title="Our locations" class="site-footer__link gamma white">Our locations</a>
                        </li>
                </ul>
            </div>
    </div>

</div>
            </div>
        </div>
        <div class="site-footer__bottom bg-secondary-color soft--ends">
            <div class="wrap">
                <div class="flexbox--medium justify-between--medium">
                    <ul class="site-footer__link-list col small-12 medium-10 flexbox flex-wrap">
                            <li class="site-footer__item"><a class="site-footer__link gamma white" href="/conditions-of-use/">Terms of use</a></li>
                                                    <li class="site-footer__item"><a class="site-footer__link gamma white" href="/privacy-policy-centre/">Privacy</a></li>
                                                    <li class="site-footer__item"><a class="site-footer__link gamma white" href="/privacy-policy-centre/compliance/">Policies</a></li>
                                                                                                    <li class="site-footer__item"><a class="site-footer__link gamma white" href="/cookie-policy/">Cookie policy</a></li>
                    </ul>
                    <ul class="col flexbox push-top--small">
                            <li class="site-footer__item">
                                <a class="site-footer__social flexbox" href="https://x.com/WoodMackenzie">
                                        <span class="visuallyhidden">X</span>
    <svg width="24" height="24" viewBox="0 0 1200 1227" fill="none" xmlns="http://www.w3.org/2000/svg"><title>X</title><path d="M714.163 519.284L1160.89 0H1055.03L667.137 450.887L357.328 0H0L468.492 681.821L0 1226.37H105.866L515.491 750.218L842.672 1226.37H1200L714.137 519.284H714.163ZM569.165 687.828L521.697 619.934L144.011 79.6944H306.615L611.412 515.685L658.88 583.579L1055.08 1150.3H892.476L569.165 687.854V687.828Z" fill="white" /></svg>

</a>
                            </li>
                            <li class="site-footer__item">
                                <a class="site-footer__social flexbox" href="http://www.linkedin.com/company/wood-mackenzie">
                                        <span class="visuallyhidden">LinkedIn</span>
    <svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" fill="none" aria-hidden="true" focusable="false"><title>LinkedIn</title><g clip-path="url(#clip0_1_238)"><path fill="#fff" d="M22.223 0H1.772C.792 0 0 .773 0 1.73v20.536C0 23.222.792 24 1.772 24h20.451c.98 0 1.777-.778 1.777-1.73V1.73C24 .773 23.203 0 22.223 0ZM7.12 20.452H3.558V8.995H7.12v11.457ZM5.34 7.434a2.064 2.064 0 1 1 0-4.125 2.063 2.063 0 0 1 0 4.125Zm15.112 13.018h-3.558v-5.57c0-1.326-.024-3.037-1.852-3.037-1.851 0-2.133 1.449-2.133 2.944v5.663H9.356V8.995h3.413v1.566h.047c.473-.9 1.636-1.852 3.365-1.852 3.605 0 4.27 2.372 4.27 5.457v6.286Z" /></g><defs><clipPath id="clip0_1_238"><path fill="#fff" d="M0 0h24v24H0z" /></clipPath></defs></svg>

</a>
                            </li>
                            <li class="site-footer__item">
                                <a class="site-footer__social flexbox" href="https://bsky.app/profile/woodmac.com">
                                        <span class="visuallyhidden">Bluesky</span>
    <svg width="24" height="24" viewBox="0 0 568 501" fill="none" xmlns="http://www.w3.org/2000/svg"><title>Bluesky</title><path d="M123.121 33.6637C188.241 82.5526 258.281 181.681 284 234.873C309.719 181.681 379.759 82.5526 444.879 33.6637C491.866 -1.61183 568 -28.9064 568 57.9464C568 75.2916 558.055 203.659 552.222 224.501C531.947 296.954 458.067 315.434 392.347 304.249C507.222 323.8 536.444 388.56 473.333 453.32C353.473 576.312 301.061 422.461 287.631 383.039C285.169 375.812 284.017 372.431 284 375.306C283.983 372.431 282.831 375.812 280.369 383.039C266.939 422.461 214.527 576.312 94.6667 453.32C31.5556 388.56 60.7778 323.8 175.653 304.249C109.933 315.434 36.0535 296.954 15.7778 224.501C9.94525 203.659 0 75.2916 0 57.9464C0 -28.9064 76.1345 -1.61183 123.121 33.6637Z" fill="white" /></svg>

</a>
                            </li>
                            <li class="site-footer__item">
                                <a class="site-footer__social flexbox" href="https://www.youtube.com/woodmackenziechannel">
                                        <span class="visuallyhidden">Youtube</span>
    <svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" fill="none" aria-hidden="true" focusable="false"><title>Youtube</title><path fill="#fff" d="M23.76 7.2s-.233-1.655-.955-2.381c-.914-.956-1.936-.961-2.405-1.017-3.356-.244-8.395-.244-8.395-.244h-.01s-5.039 0-8.395.244c-.469.056-1.49.06-2.405 1.017C.473 5.545.244 7.2.244 7.2S0 9.145 0 11.086v1.819c0 1.94.24 3.886.24 3.886s.233 1.654.95 2.38c.915.957 2.115.924 2.65 1.027 1.92.183 8.16.24 8.16.24s5.044-.01 8.4-.249c.469-.056 1.49-.06 2.405-1.017.722-.727.956-2.381.956-2.381S24 14.85 24 12.905v-1.819c0-1.94-.24-3.886-.24-3.886ZM9.52 15.113V8.367l6.483 3.385-6.483 3.36Z" /></svg>

</a>
                            </li>
                    </ul>
                </div>
                
            </div>
        </div>
    </footer>

var registerClicks = function () {
        var querySelector = '[ga4-component-tracking]';
        var dataSelector = document.querySelectorAll(querySelector);
        if (dataSelector !== undefined && dataSelector !== null) {
            for (var i = 0; i < dataSelector.length; ++i) {
                dataSelector[i].onclick = function () {

var ga4ComponentData = this.getAttribute('ga4-component-tracking');
                    if (ga4ComponentData !== undefined && ga4ComponentData !== null) {
                        ga4ComponentData = window.atob(ga4ComponentData);
                        componentdata = JSON.parse(ga4ComponentData);
                        dataLayer.push(componentdata);
                    }
                }
            }
        }
    }

registerClicks();
</script>

window.dataLayer = window.dataLayer || [];

var registerClicks = function () {

var querySelector = '[data-tracking-click],[ga4-data-tracking-click]';
        var dataSelector = document.querySelectorAll(querySelector);
        if (dataSelector !== undefined && dataSelector !== null) {
            for (var i = 0; i < dataSelector.length; ++i) {
                dataSelector[i].onclick = function() {
                    var data = this.getAttribute('data-tracking-click');
                    if (data !== undefined && data !== null) {
                            data = window.atob(data);

data = JSON.parse(data);

dataLayer.push(data);
                    }

var ga4data = this.getAttribute('ga4-data-tracking-click');
                    if (ga4data !== undefined && ga4data !== null) {
                            ga4data = window.atob(ga4data);

ga4data = JSON.parse(ga4data);

dataLayer.push(ga4data);
                    }
                }
            }
        }
    }

registerClicks();

</script>

Upstream

Emissions & Carbon Management

Energy Transition Scenarios & Technologies

Power & Renewables

Gas & LNG

Metals & Mining

Oils & Chemicals

Commodity Trading Analytics

Supply Chain Analytics

Consulting

Wood Mackenzie Events

Industry

Global events

Asia

Africa

Europe

North America

Power and renewables

Upstream oil and gas

Macroeconomics, risk and global trends

Oil and gas markets

Midstream oil and gas

LNG

Downstream oil refining

Coal

Metals markets

Metals costs

Chemicals

Wallmaps for sale

Power & Renewables

Hydrogen

Upstream

Subsurface

Gas & LNG

Metals & Mining

Carbon

Emissions

Lens Direct - API

Access our research platforms

Myanmar upstream summary

$6,480

Contact us