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How and Why the Myanmar Government Should Publish Petroleum and Mining Contracts

Briefing
27 May 2019
Author
Sebastian SahlaHosana ChayRobert Pitman
Download
How and Why the Myanmar Government Should Publish Petroleum and Mining Contracts (PDF 1.92 MB)
How and Why the Myanmar Government Should Publish Petroleum and Mining Contracts (Myanmar language) (PDF 2.64 MB)
Contract Disclosure in Myanmar (PDF 1.17 MB)
Contract Disclosure in Myanmar (Myanmar Language) (PDF 1.34 MB)
Topics
Contract transparency and monitoringCorruptionGlobal initiativesLegislation and regulationLicensing and negotiation
Countries
MyanmarAfghanistanCameroonMexicoMongoliaSierra Leone
Stakeholders
Civil society actorsGovernment officialsJournalists and mediaParliaments and political partiesPrivate sector
Precepts
P1 P2 P3 P11 P12 What are Natural Resource Charter precepts?
Social Sharing
More content in
မြန်မာ / Myanmar

Key messages:

  • Contract disclosure is a growing global norm. The Extractive Industries Transparency Initiative (EITI) board agreed to require all member governments to disclose the contracts they sign with oil, gas and mining companies beginning in January 2021. Around the world governments, companies and civil society are increasingly advocating for disclosure.
  • In Myanmar, progress has been extremely slow. Despite civil society activists and several major investors supporting reforms, the government has not disclosed any petroleum or mining contracts so far.
  • With new licenses expected to be issued in the petroleum, minerals and gemstone sectors, the Myanmar government should act now to keep pace with a global trend.

Contract disclosure in oil, gas and mining is rapidly becoming standard practice around the world. Over half of EITI countries have already published contracts and licenses. The EITI board recently moved to make it a requirement for all implementing countries to publish any contracts and licenses that they grant, enter into or amend from 1 January 2021 onwards. There is a growing recognition among governments, the private sector and civil society organizations that contract disclosure is an important tool for improving governance and creating a stable investment climate.

In Myanmar, there has been little progress on contract transparency to date. The government has not published any of the contracts it has signed with oil, gas or mining companies. However, a growing number of investors in the country are supportive of disclosure. With an uptick in licensing expected in the petroleum, minerals and gemstone sectors, the short to medium term presents an important opportunity for the government to overhaul disclosure requirements and ensure Myanmar keeps pace with a growing global trend.

Section 1 of this briefing explains the benefits of contract disclosure and dispels some of the common myths used to argue against it; Section 2 evaluates current legal requirements and practices in Myanmar; and Section 3 sets out a potential path towards disclosure.


Photo by Matt Grace for NRGI

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  • Topics
    Beneficial ownership
    Civic space
    Commodity prices
    Contract transparency and monitoring
    Coronavirus
    Corruption
    Economic diversification
    Energy transition
    Gender
    Global initiatives
    Legislation and regulation
    Licensing and negotiation
    Mandatory payment disclosure
    Measurement of environmental and social impacts
    Measurement of governance
    Open data
    Revenue management
    Revenue sharing
    Sovereign wealth funds
    State-owned enterprises
    Subnational governance
    Tax policy and revenue collection
  • Approach
    • Stakeholders
    • Natural Resource Charter
    • Regional knowledge hubs
  • Priority
    Countries
    • Colombia
    • Dem. Rep. of Congo
    • Ghana
    • Guinea
    • Mexico
    • Mongolia
    • Nigeria
    • Peru
    • Senegal
    • Tanzania
    • Tunisia
    • Uganda
  • Learning
    • Training
    • Primers
  • Analysis & Tools
    • Publications
    • Tools
    • Economic models
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