Concept

Yenangyaung

Yenangyaung (ရေနံချောင်း; literally "stream of oil") is a city in the Magway Region of central Myanmar, located on the Irrawaddy River and 363 miles from Yangon. Until 1974, it remained the capital city of both Minbu Division (now Magway Division) and Yenangyaung District. The population of Yenanchaung was 45,120 according to the 2014 census, but it reached 49,938 in September 2020. This makes it the fourth-largest city in the Magway Region, after Pakokku, Magway and Aunglan. General Aung San received his secondary education in this city. Yenangyaung is home to Yenangyaung University and Yenangyaung Government Technical Institute, as well as No.(1) Basic Education High School, which turned 100 years old in January 2015. Yenangyaung is located along the Irrawaddy River, and is divided into 14 main quarters, namely: Thit-ta Bwe Ywarthit Obo Nyaung Hla Myoma (South) Myoma (North) Sonetite Shwe Kyar-nyone Myaynikhin (South) Myaynikhin (North) Bo Gone Thahtay Gone Twin Gone Baymae Sub-quarters include Shwe-bone Thar, Ngwe-bone Thar, Yenanthar, Ayesayti, and Aungchan Thar. Myoma Market and Yadanar Market are located in the center of the city, while the Industry Zone is located in the city's north. The principal product of Yenangyuang is petroleum. The area produces most of the oil and natural gas in Myanmar. Yenangyaung also produces cooking oil. Agriculture is another essential component of the economy, with the major crops being sesame, groundnut, onion, sunflower, and beans. For centuries, petroleum has been the dominant industry in the area. It began as an indigenous industry, with hand-dug wells. From 1755 onward, British soldier-diplomats noted its existence. In 1795, Major Michael Symes described the indigenous industry as 'the celebrated wells of Petroleum'. The following year, when Captain Hiram Cox, the East India Company Resident in Rangoon, visited Yenangyaung, he found '520 wells registered by government'. The oil fields at Twingon and Beme, close to Yenangyaung, were in the hands of a hereditary corporation of 24 families, each headed by a twinzayo ().

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