Client briefing in Yangon on Myanmar's New Petroleum Law and Market Access

Yangon, 18 August 2017 (by invitation, request an invite [email protected])

Several legal and policy developments are reshaping the landscape for petroleum products in Myanmar. A long awaited newly amended Law on Petroleum Products has just been issued with additional provisions covering the import, processing, logistics and supply of all types of petroleum products. And earlier this year, the Government changed its policy and allowed foreign investors access to a wide range of petroleum related business in Myanmar, including buying shares in existing Myanmar-owned petroleum businesses.

 In this highly practical client briefing event, VDB Loi shares its outstanding experience working in this space with supermajors, petroleum product marketing companies, Governments and international institutions. Here are the highlights:

• Import, trading, storage, transport: Which activity is now allowed 100% foreign owned? Which as a JV?
• The new Petroleum Products Law: what are the key points to know?
• How does the new Petroleum Products Law impact Myanmar LNG import and regasification projects?
• Buying a stake in a Myanmar national-owned fuel terminal or distribution business: a new structuring option;
• Deal killers in fuel terminal due diligence: a roundup of VDB Loi experience scrutinizing land sites;
• Last minute changes adopted during the National Assembly discussion of the new Petroleum Products Law: what was the rationale behind the new provisions?