Myanmar is now using about 6,500 tons of liquefied petroleum gas (LPG) and imports around 5,000 tones of LPG monthly

Myanmar is using about 6,500 tons of liquefied petroleum gas (LPG) and imports about 5,000 tons of LPG monthly, according to sources.

Myanmar imports LPG mostly from Myawady border trade center but import via sea routes are increasing as traders cope with higher demands.

Despite increasing usage of LPG, traders claim that the profit margin is still too little due to the niche market space LPG holds.

Currently all importers are buying it indirectly and only transportation and distribution are different among the importers.

Traders said the expenses of transporting the LPG from a port to Myawady border trade center to Yangon is differs around Ks 20 per kilogram and with a similar price range to transport to Upper Myanmar regions.

Myanmar formerly used the LPG less than now before it was recognized as an official goods in 2012.

Myanmar founded liquefied petroleum gas association (LPGA-MWD) in Myawady in December 2015 and imported about 1,800 tons of LPG monthly. The import volume currently is about 5,000 tons of LPG monthly since the end of 2017. In 2017, Yangon based companies imported LPG via sea routes and competition has been increasing, according to LPG traders.

(Eleven Media Group: http://www.elevenmyanmar.com/business/13842 )

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