International Top 30 position: 14
Asia-Pacific International 50 rank: 10
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On 17 January 2013, the Government of the Republic of the Union of Myanmar, through its Ministry of Energy, invited bids for 18 onshore oil and gas blocks in what is Myanmar’s second international petroleum licensing round.
On 10 August 2012, President Barack Obama signed into law the Iran Threat Reduction and Syria Human Rights Act of 2012.
On 11 July 2012, the US formally eased certain sanctions relating to “new investment” in the Union of Myanmar and on the exportation of financial services to Myanmar.