BUSINESS – Burma cannot meet fuel demands, deputy energy minister says

Burma’s domestic fuel production can only meet 10 percent of the country’s demand for diesel and 40 percent of demand for petroleum, said Deputy Energy Minister Myint Zaw on Tuesday at a parliamentary session, He said the majority of demand for fuel is met with foreign oil imports while the government is currently preparing a five-point energy security policy to increase domestic production. He added that Burma imported nearly 100 million gallons of diesel and 33 gallons of petrol last year to meet domestic demand.