Myanmar-based onshore oil and gas field-services provider Parami Energy plans to infuse an additional $25 million for its liquefied petroleum gas (LPG) distribution next year.
With this investment, Parami will construct more factories over the next three years.
Parami aims to distribute around 150,000 LPG cylinders in the market before April 2019, and further 50 pieces of the LPG cylinders will be distributed in Yangon Region.
The company expects to bring LPG gas imported from the Middle East, Indonesia and Malaysia to Myanmar households to reduce the use of electricity.