Description:
"Myanmar's natural gas export hit 3.5 billion U.S. dollars in the first 11 months (Oct.-Aug.) of the fiscal year 2018-2019 ending September, according to the Ministry of Commerce Wednesday.
The natural gas export during the period increased by 430 million U.S. dollars compared with the corresponding period of the previous fiscal year.
Natural gas represents one of the major export items of Myanmar and over 20 percent of the country's export earning came from the sale of natural gas.
There are several gas fields in Myanmar, of which Yadana and Yetagun were discovered in the early 1990s.
The Yadana natural gas project, located offshore in the Andaman Sea, is being carried out by the TOTAL company of France with its pipeline supplying gas to Thailand so as the Zawtika project in the gulf of Mottama.
The Shwe natural gas field, lying offshore Rakhine state, was found in 2014 and gas from the field was mainly exported to China..."
Source/publisher:
"Xinhua" (China)
Date of Publication:
2019-09-18
Date of entry:
2019-09-18
Grouping:
- Individual Documents
Category:
Countries:
Myanmar
Language:
English
Resource Type:
text
Text quality:
- Good