Myanmar is standing as leading natural gas exporter among Asian countries and tenth places in world ranking, according to statistics from natural gas export.
Myanmar signed a 30 year agreement with
Thailand and has exported 640 million cubic feet of natural gas from
Yatanar oil and natural gas offshore field to Thailand daily since 1998.
Yatanar oil and natural gas offshore field distributes 180 million
cubic feet per daily to local use.
Similarly Myanmar has exported 430
million cubic feet of natural gas from Yetagun oil and natural gas
offshore field to Thailand daily. The field has been operated by
Petronas Carigali Myanmar (Hong Kong) Ltd. and has sold natural gas to
Thailand since 2001.
Although 9,700 barrels of the kerosene
produced daily from the offshore platform have been exported with
shipping to overseas, now they are purified at Thanlyin Oil Refinery.
The oil and natural gas fields can’t be
used immediately after they are found because the company needs to
measure the quality of natural gas and make analysis for at least 9 or
10 years before make selling.
“Actually crude oil is not like as
natural gas. Kerosene can be sold at a specific time and place. Natural
gas has to make liquefied natural gas or sell it with pipe line. We have
to make analysis about how much they are available and how many years
they can use before we sell them. The analysis is made by the third
party and it will make estimation of how big the field is and how many
years they can use. If the mutual agreement is for 30 years, we have to
consent the facts in the agreement. The seller and buyer can’t break the
agreement,” Kyaw Kyaw Hlaing, President of Smart Group of Companies
said in a conference with the title “Prospect of Oil and Natural Gas in
Myanmar”.
Although the natural gas from Zawtika
offshore gas field, a part of the offshore M9 block in the Gulf of
Martaban, was planned to sell to Thailand, they are not ready to sales
after 15 years of analysis since the field was found in 1998.
Moreover Shwe gas project located near
Kyauk Phyu was founded in 2003 and the project is still implementing to
export to China after 10 years, he said.
Although the situation is like that, Myanmar is still leading the gas export in Asia.
source: Eleven Myanmar
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