Myanmar is planning to build new high-quality oil refineries to reduce the reliance on the oversea market and to fulfil local demands for oil products, Xinhua reported.

Plans are underway to provide technical assistance and issue temporary licenses to the current operating mini oil refineries with daily production of 3,000 to 30,000 gallons of crude oil for the production of high-quality oil products, Tin Maung Oo, permanent secretary of the Ministry of Electricity and Energy said.

The ministry has already issued operating licenses to 170 private businessmen and also allowed 521 oil refineries to operate so far, he added.