Attractive Risk/Rewards Ratings Highlight Country Strengths
BMI View : Our new Risk/Rewards Ratings (RRRs) for Myanmar clearly reflect the country's emerging potential but also the risks when operating in the domestic oil and gas sector. Overall, Myanmar ranks highly in our updated Upstream Asia RRR, coming in third place at a regional level. The country scores particularly well for the Country Rewards and Industry Risks components of the ratings, reflecting increasingly investor-friendly regulations, an improvement in ownership rights and better fiscal conditions compared to its neighbours. An increasingly competitive and diversified upstream sector and a more attractive regulatory environment should help bolster the country's hydrocarbons production prospects, notably for gas, which could be widely present in Myanmar's offshore.
A Healthy Upstream Sector
Overall, we remain bullish on Myanmar's hydrocarbons potential. The removal of international sanctions and the government's ongoing efforts to improve the country's licensing procedures and enhance the regulatory environment are reflected in our high country rewards and industry risks ratings.
|Government Efforts Lift Upstream Country Rewards And Industry Risks To New Heights|
|Myanmar and Asia Regional Upstream Risk&Rewards|