Russia is seeking new customers for its energy in the region as its largest export destination, Europe, will phase in an embargo on Russian oil later this year.
“We have been given permission to import gasoline from Russia,” military spokesman Zaw Min Tun said at a news conference on Wednesday, adding that it is preferred for its “quality and low cost”.
Myanmar would consider joint oil exploration in Myanmar with Russia and China, he said.
The military has set up a Russian oil purchasing committee headed by a close ally of Min Aung Hlaing to oversee the purchase, import and transportation of fuel at reasonable prices based on Myanmar’s needs, according to a statement issued Wednesday in a state newspaper has been published.
In addition to political unrest and civil unrest, Myanmar has been hit hard by high fuel prices and power cuts, leading the military leadership to resort to imports of fuel oil that can be used in power plants.
Gasoline prices have risen about 350% to 2,300-2,700 kyat (about $1) per liter since the coup in February last year.
Over the past week, gas stations have been closed in various parts of the country due to shortages, media reports have shown.
Russia is also a major supplier of weapons to Myanmar’s military.