We forecast Myanmar's refned fuels consumption to increase at an average rate of 6.0% over 2015-2024, from 45,300 barrels per day (b/d) in 2015 to hit 74,390b/d by 2024. This increase will be a result of an upsurge in demand for automotive fuels, notably gasoline and diesel, from the transport sector, underpinned by solid economic performance and strong growth in its vehicle feet. Additionally, the country's expanding tourism sector will drive up demand for jet fuel.
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