Myanmar Govt earns US$170 million monthly from gas exports

Natural gas exports earn Myanmar US$170 million each month, with a total of 1.6 billion cubic feet per day of natural gas exported to Thailand and China, according to the Ministry of Energy.

“Gas exports earn over US$170 million every month, including taxes and other charges. This represents 40 percent of the country’s income,” said U Min Min Oo, a director of the International Relations and Information Division under the MoE, at a press conference in Nay Pyi Taw on 11 June.

Myanmar has four offshore gas fields. Roughly 700 million cubic feet per day is exported from the Yadana project and 325 from the Yetagun field, both of which are located in the Andaman Sea.

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