OPINION: Myanmar’s Union government is trying to put a brave face on the prospects for its energy sector, but realistically it is faced with an ever-decreasing number of options to secure the foreign investments it so desperately needs.

The incumbent Nay Pyi Taw administration has inherited lofty plans for ambitious liquefied natural gas-to-power projects, new and expansion renewable energy schemes and for the exploitation of giant discovered offshore gas resources.

However, international project proponents are pulling out at a time when hours-long power outages have become a daily occurrence for many in Myanmar.